Tag: Canadian economy
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Canadian Home Sales Jumped 5.5% In May But Home Prices Are Still Falling
Canada’s housing market showed signs of life in May, with home sales posting their largest monthly increase this year. However, despite the surge in activity, home prices continue to trend lower across much of the country. New data from the Canadian Real Estate Association (CREA) shows national home sales rose 5.5% between April and May…
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Canada’s Population Has Fallen by More Than 230,000 People Since Its Peak
Canada’s population continues to decline after a period of record-breaking growth, according to new data from Statistics Canada. The latest population estimates show Canada’s population fell by approximately 55,000 people in the first quarter of 2026, marking the third consecutive quarterly decline. While the country’s population remains above 41 million people, it has now fallen…
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Canadians Are Fleeing the Country at the Highest Rate in Over 70 Years
Canada is experiencing record levels of emigration, with new data showing more citizens and permanent residents are leaving the country than at any point in over seven decades. According to Statistics Canada, an estimated 30,092 Canadians emigrated during the first quarter of 2026. The figure represents a 0.9% increase from the same period last year…
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Canada Now Has Nearly 20,000 Vacant New Homes With Hundreds Of Thousands More Coming
Canada’s housing market is seeing a major buildup of unsold newly built homes, raising new questions about affordability, demand, and whether the homes being constructed actually match what Canadians can afford. According to recent data highlighted by Better Dwelling and Statistics Canada, Canada hit a new record in April 2026 with nearly 20,000 completed but…
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Desjardins Says Some Canadian Cities Have Become “Impossibly Unaffordable”
A new housing affordability warning from Desjardins is drawing attention across Canada after the bank suggested some major cities have entered what it calls “impossibly unaffordable” territory. According to the report, homeownership in cities like Vancouver and Toronto is increasingly moving out of reach for average households as housing costs continue to far outpace incomes.…
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A $50K Salary In 1980 Could Be Equivalent To Roughly $250K Today
A growing conversation around affordability and generational wealth is gaining attention online after comparisons showed how far a middle-class salary once stretched compared to today. According to inflation calculators and historical economic data, a $50,000 salary in 1980 could be roughly equivalent to earning around $250,000 annually today depending on the inflation measure used. The…
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4.5 Million Canadians Are Now Living Below The Poverty Line
Canada’s cost-of-living crisis is still showing up in the data. New Statistics Canada numbers show that 11.0% of Canadians lived below the poverty line in 2024, representing approximately 4.5 million people. That is almost unchanged from 2023, when the poverty rate was 11.1%. The data suggests that while inflation has cooled from its peak, many…
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6 Canadian Cities Rank Among the World’s Richest in New 2025 CEOWorld Report
A new CEOWORLD 2025 global ranking places six Canadian cities among the 300 richest urban economies in the world, highlighting Canada’s expanding economic influence and its strength in innovation, tech, finance, and human capital. The report emphasizes that the world’s wealthiest cities are no longer defined by population size alone, but by innovation density, institutional strength, economic ecosystems, and digital infrastructure. Here’s…
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What Experts Predict for the Dec 10 Bank of Canada Rate Announcement
The Bank of Canada’s next interest rate decision on December 10, 2025 is one of the most anticipated announcements of the year. After cutting the overnight rate to 2.25% in October, economists are now divided on whether the Bank will continue easing or pause to assess the economy. Most experts agree on one thing: a hold is now…
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Bank of Canada Cuts Interest Rates Again as U.S. Tariffs Shake Canadian Economy
The Bank of Canada has cut interest rates to 2.25%, its second consecutive drop, as U.S. tariffs and trade tensions weigh heavily on Canada’s economy.
Canada Housing Market 