2 Jun

Q1 GDP Growth Was Bolstered by Tariff Reaction As Residential Construction and Resale Activity Weakened Further

General

Posted by: Jen Lowe

Q1 GDP Growth Was Bolstered by Tariff Reaction As Residential Construction and Resale Activity Weakened Further Statistics Canada released Q1 GDP data showing a stronger-than-expected 2.2% seasonally adjusted annual rate, a tick above the pace of the quarter before. Exports drove growth as companies in the United States rushed to stockpile Canadian products before U.S. […]

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20 May

Todays Inflation Report Poses a Conundrum for the Bank of Canada

General

Posted by: Jen Lowe

Today’s Inflation Report Poses a Conundrum for the Bank of Canada The headline inflation report for April showed a marked slowdown in the Consumer Price Index (CPI), which rose a mere 1.7% year over year (y/y), down sharply from the 2.3% rise in March. The slowdown in April was driven by lower energy prices, which fell 12.7% […]

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15 May

Canadian Home Sales Unchanged in April

General

Posted by: Jen Lowe

Global Tariff Uncertainty Sidelines Buyers Canadian existing home sales were unchanged last month as tariff concerns again mothballed home-buying intentions, mainly in the GTA and GVA where sales have declined for months. Consumer confidence has fallen to rock-bottom levels as many fear the prospect of job losses and higher prices. The number of sales recorded […]

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15 May

Refinancing your Mortgage in 2025!

General

Posted by: Jen Lowe

Refinancing Your Mortgage in 2025. Refinancing your mortgage can be a smart financial move for many reasons, and as your trusted mortgage advisor, I’ve seen how much it can benefit homeowners! Ideally, refinancing is done at the end of your mortgage term to avoid penalties, but the timing can vary depending on your goals. For […]

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13 May

Canadian Unemployment Rate Rose to 6.9% in April

General

Posted by: Jen Lowe

Manufacturing Employment Plunged as Tariffs Weakened the Economy Today’s Labour Force Survey for April showed a marked adverse impact of tariffs on the Canadian economy. Early evidence suggests that the slowing economy will be the primary fallout of tariffs, with upward pressure on prices a secondary impact. The central bank’s actions will mitigate inflation while […]

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29 Apr

What the 2025 Federal Election Means for you as a Homebuyer

General

Posted by: Jen Lowe

🏡 What the 2025 Federal Election Means for You as a Homebuyer Canada’s 2025 federal election is over, and the Liberals have been re-elected under Mark Carney — but with a minority government. That means they’ll need support from other parties (like the NDP or Bloc) to get major policies passed. So what does that […]

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4 Apr

Weak Canadian Job Creation is the First Fallout from the Trade War

General

Posted by: Jen Lowe

Weak Canadian Job Creation Is The First Fallout From The Trade War Today’s Labour Force Survey for March was weaker than expected. Employment decreased by 33,000 (-0.2%) in March, the first decrease since January 2022. The decline in March followed little change in February and three consecutive months of growth in November, December and January, totalling 211,000 (+1.0%). The employment rate—the […]

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17 Mar

Canadian Home Sales plunged in February, spooked by tariff concerns

General

Posted by: Jen Lowe

Global Tariff Uncertainty Sidelined Buyers Canadian existing home sales plunged last month as tariff concerns moth-balled home buying intentions. According to data released Monday by the Canadian Real Estate Association, transactions fell 9.8% from January. Activity was at its lowest level since November 2023. Benchmark home prices declined 0.8%, and new listings plunged, more than […]

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3 Feb

No one benefits from Tariffs

General

Posted by: Jen Lowe

  No one Benefits From Tariffs   Despite having negotiated the current trade agreement among the U.S., Mexico, and Canada during his first administration, Donald Trump broke the terms of that treaty on Saturday. He triggered a global stock market selloff after fulfilling his threat to impose tariffs on Canada, Mexico, and China. These levies […]

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