Carney’s housing agency vows to build as home prices plunge
In Canada, home prices have plunged 20% and thousands of unsold condominiums sit empty. The…
Category: bloomberg
BOC surveys show higher inflation expectations, passthrough
Bank of Canada surveys showed inflation expectations moving higher, and more evidence that firms plan…
Canadian inflation rate edges up to 3.1%, core measures ease
Canada’s inflation rate ticked up to 3.1% in September as gasoline prices rose, while gauges…
Macklem sees higher oil prices boosting growth, inflation
Bank of Canada Governor Tiff Macklem said he’s seeing more evidence that higher oil prices…
U.S. consumer prices rise by most since April in broad advance
U.S. consumer prices advanced in September at the fastest pace in five months and a…
Bond selloff may mean fewer rate hikes from global central banks
By Ruth Carson and Masaki Kondo (Bloomberg) — Bond markets are starting to do some…
Canadian employment falls by 68,300 amid public sector decline
Employment in Canada fell by 68,300 last month, more than erasing previous job gains this…
Ottawa reviews foreign homebuyer ban as 2027 expiry approaches
Finance Minister François-Philippe Champagne says the federal government is mulling its options ahead of the…
Canadians expect higher inflation as Bank of Canada weighs hikes
A majority of Canadians expect inflation to increase over the next 12 months, a potentially…
Toronto home prices fall for a second month as loan costs rise
Toronto home prices fell for a second straight month in September as a jump in…