The latest GDP figures have reinforced the case for more cuts to some, but others argue the Bank of Canada may wait for further job and inflation data.| CMT News
The Canadian economy contracted for the first time in nearly two years as the trade war with the U.S. pinched exports and business investment.| CMT News
Canada’s current account deficit reached the widest on record in the second quarter as the country’s exports to the US dropped because of the trade dispute.| CMT News
Many Canadian companies aren’t yet charging their customers higher prices because of tariffs, a sign that inflation pressure stemming from the ongoing trade dispute with the U.S. may be delayed.| CMT News
Ontario's final tally for housing starts in 2024 is well off what's needed to achieve Premier Doug Ford's goal of getting 1.5 million homes built, even with various new categories the government is adding such as university dorms.| Mortgage Rates & Mortgage Broker News in Canada
Prime Minister Mark Carney said Canada will look at whether to remove some counter-tariffs against the US, despite winning an election in which he pledged to fight back against President Donald Trump’s trade war.| Mortgage Rates & Mortgage Broker News in Canada
One-time oil project import boosts spending as key exports fall under growing U.S. trade pressure| Mortgage Rates & Mortgage Broker News in Canada
A few notable data points this week could offer fresh insight into housing activity and the broader economy.| Mortgage Rates & Mortgage Broker News in Canada
The national index for new condominium apartment prices dipped by 0.2% in the second quarter of 2025, according to new data from Statistics Canada.| Mortgage Rates & Mortgage Broker News in Canada
Broad-based weakness dragged GDP down 0.1% in May, but preliminary June data points to a possible, if modest, rebound.| Mortgage Rates & Mortgage Broker News in Canada