Category Archives: Toronto Life

Canadian Building Permits Fall As Multi-Family Demand Plunges

Canada’s slowing economy may be shaking the confidence of builders. Statistics Canada (StatCan) data shows [...]

Bank of Canada Holds Rates, Warns of Stagflation-Like Headwinds

There may be a perfect storm on the horizon, and it’s leaving Canada’s central bank [...]

Canada Trade Surplus Soars With Oil Prices, Return To US Dependency

Canada just saw its biggest trade surplus since its leaders pledged to shed its US [...]

Canadian Insolvencies Surge To Second-Highest Level On Record

Canadians are among the most indebted in the world, but managed to avoid signs of [...]

This Week’s Top Stories: Canada’s Debt Scooped By Hedge Funds, Mortgage Arrears Soar

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

Canada’s Job Market Posts Historic Surge, But There’s A Catch

Canada just entered a technical recession, but it’s also apparently in the middle of a [...]

Canada’s Deficit Plan Has Less Than 1% Chance of Success: PBO

Ottawa is boasting of fiscal anchors, but the latest stress test is about to give [...]

Toronto Home Sales Jump, But Still 3rd Worst May In 25 Years

Toronto real estate is showing encouraging data, but is it a return to normal or [...]

Canada Taps Leveraged Hedge Funds For Over 40% of New Debt, Warns BoC

Canada’s central bank is concerned about how the country is financing its debt. The Bank [...]

Canadian Banks Hold Fewest Mortgages Since 2020, Arrears Near Decade High

Canadian banks aren’t just seeing delinquencies rise—they’re losing market share. Canadian Bankers Association (CBA) data [...]