Canadian Job Growth Slows Markedly in December as the Unemployment Rate Rises to 6.8% Today’s Canadian Labour Force Survey for December was weaker than expected. Employment was little changed (+8200; 0.0%), and the employment rate held steady at 60.9%. This followed three consecutive monthly increases. The jobless rate rose 0.3 percentage points to 6.8%, as […]

Good News on the Inflation Front Will Keep the BoC on the Sidelines The Consumer Price Index (CPI) held steady at 2.2% year over year in November, as core inflation continued to ease. Accelerating costs for food and some other goods were offset by slowing price growth for services. In November, prices for services rose […]

Signs of Improvement in Canadian Housing Activity Today’s release of October housing data by the Canadian Real Estate Association (CREA) showed the national housing market bounced back, with sales and prices rising. Buyers benefited from the interest rate cuts this year. The number of home sales recorded over Canadian MLS® Systems edged up 0.9% on […]

Canadian Inflation Slows in October, But Not Enough to Trigger Another BoC Rate Cut in December The Consumer Price Index (CPI) rose 2.2% on a year-over-year basis in October, down from 2.4% in September. The all-items CPI decelerated largely due to gasoline prices, which fell at a faster year-over-year pace in October (-9.4%) than in […]

Federal Budget Revamp, FY 2025-2026 Today, Finance Minister François-Philippe Champagne presented his first budget. Mark Carney was elected Prime Minister with a mandate to transform Canada’s economy and reduce its dependence on trade with the United States. The Carney government’s inaugural budget emphasizes structural changes to strengthen the domestic economy and boost non-U.S. exports, and […]

Canadian Inflation Stronger Than Expected The Consumer Price Index (CPI) rose 2.4% on a year-over-year basis in September, up from a 1.9% increase in August. The acceleration in headline inflation from 1.9% in August was also larger than the median projection in a Bloomberg survey of economists, which was 2.2%. On a year-over-year basis, gasoline […]

Canadian Home Sales Post Best September In Four Years Today’s release of the September housing data by the Canadian Real Estate Association (CREA) showed a pullback on the housing front. The number of home sales recorded through Canadian MLS® Systems declined by 1.7% on a month-over-month basis in September 2025. Nevertheless, it was the best […]

Canadian Employment Rises More Than Expected, But Not Enough To Fully Offset Prior Two-Month Job Loss Today’s Labour Force Survey for September was stronger than expected, with a net employment gain of 60,400, but the unemployment rate was steady at 7.1% as more people entered the workforce. The employment gain was driven by full-time work. […]

If you are reading this you probably have a keen interest in improving your financial situation — but how are you going to measure your progress? The easiest way is by setting and achieving a goal. This could be short-term and focused, like wiping out a credit card debt. On the other hand, it could […]

Today’s Labour Force Survey for August was weaker than expected, indicating an excess supply in the labour market and the economy. Employment fell by 66,000 (-0.3%) in August, extending the decline recorded in July (-41,000; -0.2%). The employment decrease in August was mainly due to a decline in part-time work (-60,000; -1.5%). Full-time employment was […]