Canadian Business Closures Surge, 1 In 20 Shutter In A Month

The Canadian economy just got another warning—businesses are closing at one of the fastest rates [...]

Nearly 1 In 19 Greater Toronto Rental Units Sit Vacant—More On The Way

Greater Toronto’s rental shortage is now a distant memory, but the rents have yet to [...]

Canadian GDP Grew, Most Industries Did Not—Credit Rises, While Jobs Fall

Canada’s economy is growing, but you’re forgiven if you didn’t notice—you probably work in the [...]

Bank of Canada Downgrades Housing, Warns of Small Condo Glut

The Bank of Canada (BoC) left its key overnight rate unchanged at 2.25% at this [...]

Canada Ramps Up Temporary Visa Approvals Despite Fading Demand

Canada is approving temporary residents at an unusually brisk rate—again. IRCC data shows approvals of [...]

Canada’s Rich Are Defaulting On Mortgages At 2x The Rate of Smaller Loans

Canadian mortgage delinquencies are rising. As reported last week, the latest CBA arrears rate hit [...]

This Week’s Top Stories: Canadian Mortgage Arrears Up 89%, Debt Outpaces Wages

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Banks [...]

Canadian Banks See Mortgage Arrears Surge 89% From Record Lows

Canada’s banks continue to see borrowers fall behind on their mortgage payments. Canadian Bankers Association [...]

Canadian Real Estate Crash Overstated, Nova Scotia Up $13k In A Month

Canadian real estate sales may be tepid at best, but their correction appears greatly overstated. [...]

Canadian Businesses Brace For 5 Years of High Inflation: BoC Survey

Canadian businesses were bracing for elevated inflation—then the Iran War broke out. Now they’re doubting [...]