10/21/2020 | Posted in Canadian Economy by Paul Solomons
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Recently polled economists say the bank must be more proactive in guiding the Canadian financial system.

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  10/1/2020 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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A growing number of industries are now moving closer to their pre-pandemic output levels, as Canada’s gross domestic product increased by 3% monthly in July, according to ... More

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  8/28/2020 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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The Bank of Canada is starting to worry about inflation. Not because it sees any, mind.

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  8/18/2020 | Posted in Canadian Economy and Housing Market by Paul Solomons
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Canadian immigration plummeted by almost two thirds in the second quarter as border restrictions remained in effect.

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  7/14/2020 | Posted in Canadian Economy and Housing Market by Paul Solomons
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While Canadian housing starts have gained momentum and are on pace for more than 200,000 this year, CIBC World Markets managing director and deputy chief economist Benjamin Tal ... More

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  6/24/2020 | Posted in Canadian Housing Market Predictions by Paul Solomons
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Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction.

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  5/30/2020 | Posted in Canadian Economy by Paul Solomons
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The Canadian economy took a historic dive in March as the country imposed lockdown measures to curb the spread of COVID-19 – and worse results are expected for ... More

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  4/15/2020 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, ... More

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  3/27/2020 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement.

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  3/19/2020 | Posted in Canadian Economy and Housing Market by Paul Solomons
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic.

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  3/13/2020 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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The Bank of Canada cut its trend-setting interest rate by half a percentage point to 0.75 per cent from 1.25 per cent in a surprise move on Friday aimed at softening the ... More

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  1/22/2020 | Posted in Mortgages and Real Estate by Paul Solomons
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The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy.

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  12/18/2019 | Posted in Canada Living by Paul Solomons
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There will be growth for the Canadian economy in the next two years as the country avoids recession.

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  11/25/2019 | Posted in Global Real Estate Markets by Paul Solomons
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A global recession would bring challenges for the global real estate market but it is unlikely next year according to one major firm’s leader.

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  9/23/2019 | Posted in Commercial Real Estate by Paul Solomons
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The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report.

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  9/4/2019 | Posted in Interest Rates by Paul Solomons
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy.

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  8/2/2019 | Posted in Canadian Economy and Housing Market by Paul Solomons
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Here’s a look at how lower rates south of the border could ripple through our country, according to five experts.

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  6/20/2019 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold ... More

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  5/22/2019 | Posted in Canadian Economy and Housing Market by Paul Solomons
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

Real Estate & Mortgage News

  5/21/2019 | Posted in Interest Rates by Paul Solomons
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t ... More

Real Estate & Mortgage News

  5/1/2019 | Posted in Interest Rates by Paul Solomons
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The latest reading of Canada’s economy brings both good and bad news for the housing market.

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Real Estate & Mortgage News

  4/1/2019 | Posted in Real Estate Market by Paul Solomons
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The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate ... More

Real Estate & Mortgage News

  3/12/2019 | Posted in Canadian Housing Market by Paul Solomons
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Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate.

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Real Estate & Mortgage News

  3/10/2019 | Posted in Canadian Economy and Housing Market by Paul Solomons
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says.

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Real Estate & Mortgage News

  3/7/2019 | Posted in Toronto News by Paul Solomons
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Toronto has broken into North America’s top-five cities for tech talent as the city undergoes an economic boom.

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Real Estate & Mortgage News

  3/6/2019 | Posted in Interest Rates by Paul Solomons
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The Bank of Canada (BoC) is keeping its key interest rate target on hold at 1.75 per cent on Wednesday, citing concerns about the global economy and Canada’s own recent ... More

Real Estate & Mortgage News

  2/28/2019 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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Capital Economics predicts that The Bank of Canada will cut its key lending rate in December as a weakening housing market and oil sector headwinds drag GDP growth back below ... More

Real Estate & Mortgage News

  2/22/2019 | Posted in Interest Rates by Paul Solomons
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Stephen Poloz says the upward path for interest rates is 'uncertain'.

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