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statistics canada News and Articles | My Blog

2024 rate-cut forecasts being revised following today's mixed-bag jobs report

2/9/2024 | Posted in Canadian Economy and Interest Rates by Paul DeAdder

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Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More


Bank of Canada's rate-cut timing uncertain as economic growth beats expectations

1/31/2024 | Posted in Canadian Economy and Interest Rates by Paul DeAdder

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Canada’s economy outperformed growth expectations to end the year, which means the Bank of Canada could feel less pressure to start cutting rates in the near term, ... More


"We don't see vulnerabilities worsening," OSFI says as it leaves capital buffer for big banks unchanged

12/8/2023 | Posted in Canadian Economy and Housing Market by Paul DeAdder

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Canada’s banking regulator today announced no change to the amount of capital banks must keep on hand to cover potential future losses.

... More


Investment in residential construction was flat in January

3/24/2020 | Posted in New Developments by Paul DeAdder

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Building construction investment in Canada edged higher in January with a 0.5% rise compared to the previous month.

... More


How much does the average Canadian family earn?

2/27/2020 | Posted in Canada Living by Paul DeAdder

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In 2018, the median after-tax income of Canadian families and unattached individuals was $61,400.

... More


Real estate, construction helps boost Canadian economy

2/3/2020 | Posted in Canadian Economy and Housing Market by Paul DeAdder

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Economy nudged higher in the latest monthly stats, helped in part by the real estate and construction industries.

... More


Canadian home prices accelerated in 2019 says Statistics Canada

1/30/2020 | Posted in Canadian Housing Market by Paul DeAdder

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Quarterly price trend report shows most major markets posted gains.

... More


Canada is a nation of movers

11/25/2019 | Posted in Canadian Housing Market by Paul DeAdder

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Canadians are satisfied with their homes and neighbourhoods but will probably not stay put according to a new survey.

... More


Newcomers represent one in five home purchases in Canada

10/16/2019 | Posted in Canadian Housing Market by Paul DeAdder

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This demographic is likely to account for nearly 700,000 home sales over the next five years.

... More


Canadian mortgage debt growth continues unabated

10/10/2019 | Posted in Mortgages and Real Estate by Paul DeAdder

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Canada’s outstanding mortgage credit load continues breaking records, reaching a new high of more than $1.59 trillion as of August, according to the country’s ... More


Mortgage interest cost index slows but cost of living remains higher

10/21/2019 | Posted in Canadian Economy and Interest Rates by Paul DeAdder

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The cost of living was higher across many products and services in September.

... More


There was a 19% jump for multifamily building permits in August

10/8/2019 | Posted in New Developments by Paul DeAdder

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The value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits. Gains ... More


Canadians more likely to be homeowners, have a mortgage

8/9/2019 | Posted in Canadian Housing Market by Paul DeAdder

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Homeownership rates are higher now than they were two decades ago according to a new analysis from Statistics Canada.

... More


Investment in multifamily construction reaches new heights

6/24/2019 | Posted in Canadian Housing Market by Paul DeAdder

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The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada.

... More


Latest stats make interest rate hikes highly unlikely in 2019

5/1/2019 | Posted in Interest Rates by Paul DeAdder

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The latest reading of Canada’s economy brings both good and bad news for the housing market.

... More


First growth for construction sector in 8 months, best since 2013

4/1/2019 | Posted in Real Estate Market by Paul DeAdder

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The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate ... More


Multifamily building permits hit a record high in December

2/11/2019 | Posted in Commercial Real Estate by Paul DeAdder

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The total value of building permits issued by Canadian municipalities was up 6% (month-over-month) in December to $8.8 billion, with multifamily and commercial intentions ... More


Canadian retail will be a great investment destination in 2019

11/28/2018 | Posted in Commercial Real Estate by Paul DeAdder

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Canadian commercial property sales activity will remain robust over the near term, against a backdrop of positive overall sector performance.

... More


Multifamily sector leads investment in construction

11/26/2018 | Posted in Real Estate Investments by Paul DeAdder

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Investment in Canada’s building construction edged 0.3% higher in September compared to the previous month.

... More


Mortgage growth slowed in Q2 says StatsCan

9/13/2018 | Posted in Real Estate News by Paul DeAdder

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Canada’s mortgage industry saw slowing growth in the second quarter of 2018 as stress tests and rising interest rates made an impact.

... More


Canada building permits fall in June on weak residential sector

8/8/2018 | Posted in Canadian Housing Market by Paul DeAdder

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The value of Canadian building permits unexpectedly dropped by 2.3 percent in June from May on weakness in the residential sector, Statistics Canada data indicated on ... More


Majority of Canadians blame foreigners for price spikes

7/4/2018 | Posted in Foreign Buyers by Paul DeAdder

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Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC.

... More


Mortgage borrowing slides to lowest since 2014

6/14/2018 | Posted in Mortgages and Real Estate by Paul DeAdder

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Mortgage borrowing fell $2 billion to $13.7 billion in the first quarter of this year, the lowest level since the second quarter of 2014 according to Statistics Canada ... More


Non-residential permits up 4.5%

5/14/2018 | Posted in Commercial Real Estate by Paul DeAdder

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The value of permits issued for non-residential structures was $3.0 billion in March, up 4.5% from February (which had posted a 6.4% decline) according to Statistics ... More


Mortgage interest costs see biggest growth since 2009

4/27/2018 | Posted in Mortgages and Real Estate by Paul DeAdder

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Latest data from Statistics Canada showed that mortgage interest costs increased by 2.8% in March, representing the biggest rise since April 2009.

... More


Canadian non-residential construction up 3% in Q1

4/20/2018 | Posted in Commercial Real Estate by Paul DeAdder

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First quarter investment in non-residential construction gained 3.1% compared to the previous quarter, Statistics Canada reported Thursday.

... More


Home values boost Canadian family net worth

12/8/2017 | Posted in Financial Health by Paul DeAdder

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Canadian families increased their net worth by 14.7% in the four years from 2012-2016 according to new data from Statistics Canada.

... More


Largest Cohort of Millennials Changing Canadian Real Estate, Despite Constraints of Affordability and Mortgage Regulation

8/17/2017 | Posted in Real Estate Market by Paul DeAdder

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'Peak Millennials' (aged 25 to 30) to create strong wave of demandNational survey shows while the peak millennial dream to own property is very strong, ... More


Canadian household debt hits another record in fourth quarter

3/15/2017 | Posted in Financial Health by Paul DeAdder

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The amount Canadians owe compared with how much they earn hit another record high last year. Statistics Canada said the amount of household ... More


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