Residential Market Commentary – Inflation: Just a blip on the radar Jan 21, 2019 Be the expert First National Financial LP Inflation has popped back onto the market watcher radar, but it does not appear to be much of a threat. Statistic Canada’s headline number for December came in at 2%.  That increase was actually […]

This announcement available in Autopilot as “SC 20190109 Bank of Canada Remains on Hold, Revising Down Oil Market Outlook” French translation of this email will be available by 5pm ET Jan. 9th Traduction de cet e-mail sera disponible 17 heures Jan. 9 Bank of Canada Remains on Hold, Revising Down Oil Market Outlook The Bank […]

What’s In Store For 2019? At the start of every New Year, pundits posit the forecast as everyone wonders what the year will bring. While no one has a crystal ball, here are some fundamentals at play this year: 1). Canada’s economy will continue to under perform the U.S. as growth slows to 1-3/4% in 2019 compared […]

What’s in your future? Tempered Rate Hike Forecasts for 2019 STEVE HUEBLDECEMBER 6, 2018 Share via: 220Shares Floating-rate mortgage holders who had feared the Bank of Canada’s recent full-steam-ahead view towards continued rate hikes can take a breather—at least for now. The central bank adopted a more dovish stance at yesterday’s rate hold announcement, which […]

Canadian Home Sales Weakened Further in November Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales dipped for the third consecutive month, down 2.3% from October to November and down a whopping 12.6% year-over-year. Transactions declined in just over half of all local markets, with lower activity in the […]

Canadian Jobless Rate Fell To A 42-Year Low in November With so much bad news coming out about the economy, Statistics Canada this morning posted a blockbuster jobs report, mitigating worries about the health of the economy. Employment increased by a whopping 94,100 in November, led mostly by full-time jobs that were broadly based across […]

This announcement available in Autopilot as “SC 20181205 Bank of Canada’s Dovish Tone” French translation of this email will be available by 5pm ET Dec. 5th Traduction de cet e-mail sera disponible 17 heures Dec. 5th Bank of Canada’s Dovish Tone As was universally expected, the Bank of Canada’s Governing Council held overnight interest rates […]

Q3 Canadian GDP Growth Slowed On The Back of Weak Housing and Business Investment This morning, Stats Canada released the third quarter GDP figures indicating an expected slowdown to 2.0% growth (all figures quoted in annual rates), compared to a 2.9% pace in Q2. Over the first three quarters of this year, quarterly growth has […]

Canadian Home Sales Weakened In October Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales declined for the second consecutive month in October, edging back by 1.6% month-over-month (m/m) and down 3.7% from year-ago levels. Year-over-year sales in October are now about in line with their 10-year monthly average […]

Canadian employment increased less than expected in October, as wage growth slowed. View this email in your browser This announcement available in Autopilot as “SC 20181102 Canadian Jobless Rate Fell To 40-Year Lows” French translation of this email will be available by 5pm ET Friday Nov. 2. La traduction en français de cet e-mail sera […]