economic indicators Archives - Page 2 of 4 - Mortgage Rates & Mortgage Broker News in Canada

This week’s economic watchlist: CPI, home sales and the Bank of Canada

April 13, 2025 No Comments

It’s set to be an important week for Canada’s economy, with key data on inflation, housing and consumer spending arriving just ahead of the Bank of Canada’s latest interest rate decision.

Building permits rise in February, but residential construction weakens

April 10, 2025 No Comments

Canada’s building permit activity picked up in February, rising 2.9% to $13.1 billion, according to new data from Statistics Canada.

Strong GDP growth in January may be short-lived as tariff threats loom

March 28, 2025 No Comments

Canada’s economy kicked off 2025 with stronger-than-expected growth, but that momentum may soon stall as looming tariffs threaten to derail the recovery.

Retail sales fall 0.6% in January as holiday bump fades and tariff concerns grow

March 21, 2025 No Comments

After a strong surge in holiday shopping, Canadian consumers eased off the spending pedal in January as economic headwinds—including ongoing tariff uncertainty—tempered demand.

Foreign investors dump U.S. stocks, pour billions into Canadian bonds

March 18, 2025 No Comments

Canada saw a major inflow of foreign capital in January 2025, driven by a surge in bond investments, as global investors reacted to U.S. trade policies.

CMHC reports seasonally adjusted rate of housing starts slowed in February

March 17, 2025 No Comments

Canada Mortgage and Housing Corp. says the annual pace of housing starts in February slowed 4% compared with January.

Five things to watch for in the Canadian business world in the coming week

March 16, 2025 No Comments

Five things to watch for in the Canadian business world in the coming week:

Canadian household net worth climbs as assets gain, but debt levels also rising

March 13, 2025 No Comments

Canadian households saw their net worth grow by $236.3 billion (+1.4%) in the fourth quarter of 2024, pushing total household wealth to $17.5 trillion, according to Statistics Canada.

Canadian building permit values fell 3.2% in January

March 13, 2025 No Comments

The total value of building permits issued in Canada fell 3.2% in January, reaching $12.8 billion, according to Statistics Canada. The decline was mostly due to a drop in residential construction plans.

Housing starts up 3% in January, but trade risks add ‘significant uncertainty’: CMHC

February 17, 2025 No Comments

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January rose three per cent compared with December, helped by strength in multi-unit starts in Quebec and B.C.

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