business outlook survey Archives - Mortgage Rates & Mortgage Broker News in Canada

Confidence hits new lows as recession concerns mount in Canada

April 7, 2025 No Comments

With a third of Canadian businesses now expecting a recession in the next 12 months—up from just 15% in the last two quarters—economic unease is clearly on the rise.

Canadians putting homebuying plans on hold

Despite recession concerns, homebuying intentions on the rise, BoC survey shows

January 20, 2025 1 Comment

Although nearly half of Canadians expect a recession in 2025, homebuying intentions are increasing, according to the latest consumer sentiment survey from the Bank of Canada.

Near-term inflation expectations remain high, BoC surveys show

April 1, 2024 No Comments

While inflation expectations among businesses are steadily falling, Canadian consumers continue to expect elevated prices in the years ahead.

Higher interest rates eroding business and consumer sentiment: BoC

October 16, 2023 1 Comment

Between interest rate increases of over 450 basis points (4.50%) since April 2022, and an expectation of persistently high inflation, both Canadian consumers and businesses say they are now feeling the impact.

The latest in mortgage news: Fixed rates continued to climb this week

June 30, 2023 No Comments

While the pace of fixed-rate increases has slowed, lenders continued to bump mortgage rates higher this week, including three of the big banks.

The latest in mortgage news: Half of borrowers concerned about mortgage renewals

April 4, 2023 1 Comment

Nearly half (47%) of Canadians buying or renewing a mortgage say they are concerned about qualifying for the amount they need.

The latest in mortgage news: Arrears rate rises from its all-time low

January 24, 2023 No Comments

Canada’s national arrears rate ticked up from its all-time low in October, according to data from the Canadian Bankers Association.

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