CFIB foresees recession in Canada, with economic contractions in Q2 and Q3
The Canadian Federation of Independent Business is forecasting a recession in Canada this year.
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Nova Scotia must double housing starts to restore pre-COVID affordability: report
Canada’s national housing agency says the number of annual residential construction starts in Nova Scotia must double…
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Retail sales fell in May, but June flash data offers signs of a turnaround
Core spending held steady in May despite headline declines, and early June data suggests momentum may be stabilizing…
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Ottawa threatens to pull Toronto’s housing funding over sixplex decision
Claiming the city is falling short on its promise to ramp up density, federal Housing Minister Gregor Robertson is…
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Fixed-rate borrowers face up to 20% payment hikes at renewal, BoC warns
Bank of Canada data shows fixed-rate borrowers face the steepest payment hikes this year and next, but not all…
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New home prices down for third straight month in June: StatCan
Canada’s new home prices continued to slide in June, with the national New Housing Price Index falling 0.2%…
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Canada’s housing slump expected to extend into 2026 without U.S. trade deal, Oxford warns
Falling prices, slower construction and investor strain point to a prolonged downturn, which Oxford warns could last…
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With new ownership in place, WealthONE aims to become Canada’s next major alt-A bank
After a turbulent start and with the backing of a new ownership group WealthONE is looking to establish itself as the…
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