Canadian Inflation Rose to 3.2% in May as Core Inflation Remained Subdued Higher gasoline prices pushed Canadian inflation to a more than two-year high, while underlying inflation pressures showed little sign of accelerating, with core measures broadly unchanged and price gains less broad-based. Canada’s annual inflation rate rose to 3.2% in May, Statistics Canada reported […]

Bank of Canada Holds Policy Rate Steady Today, the Bank of Canada once again held the policy rate at 2.25%. This is the bottom of the Bank’s estimate of the neutral overnight rate, where monetary policy is neither expansionary nor contractionary. With inflation hovering at 2.8% and core inflation falling to 2.0% (as of April […]

Canada’s Economy Edges Into A Technical Recession For the First Time Since 2020 Statistics Canada reported this morning that the Canadian economy contracted slightly, by 0.1%, at a seasonally adjusted annual rate in the first quarter (Q1) of 2026. That follows a 1% contraction in the fourth quarter, a downward revision from the previously reported 0.6% […]

Weak Jobs Report in April drives Unemployment Rate Up to 6.9% Employment in Canada edged down by 17,700 in April, following a 14,000 gain in the prior month, missing the consensus forecast for a 15,000 increase. On a year-over-year basis, employment in April was up by 67,000 (+0.3%), but recorded a net decline of 112,000 (-0.5%) over the first […]

Bank of Canada Holds Policy Rate Steady Today, the Bank of Canada once again held the policy rate steady at 2.25%. This is the bottom of the Bank’s estimate of the neutral overnight rate, where monetary policy is neither expansionary nor contractionary. With inflation hovering at 2.4% and core inflation falling to 2.0%, the Governing […]

Canadian Inflation Falls More Than Expected to 1.8% in February Canada’s inflation rate slowed by more than expected last month, before the oil shock of the Iran war. The yearly inflation rate fell to 1.8% in February from 2.3% in January, Statistics Canada reported on Monday. Justin Trudeau introduced a temporary GST/HST break on a […]

Refinancing or Switching Your Mortgage in BC: What You Should Know By Jen Lowe – Mortgage Broker Whether you’re trying to save money, access equity, or simplify your finances, refinancing or switching your mortgage are two powerful options — but they’re often misunderstood. Every homeowner’s situation is unique, especially here in British Columbia where markets, […]

Fixer Upper or Purchase Plus Improvements Mortgage: What BC Buyers Need to Know By Jen Lowe – Mortgage Broker You’ve found “the one” — a home with amazing bones in British Columbia — but it needs work. Maybe it’s cosmetic, maybe it’s structural, maybe it’s just not move-in ready. So what are your options? Do […]

The Ultimate First-Time Home Buyer’s Guide in British Columbia By Jen Lowe – Mortgage Broker Buying your first home in BC is exciting — but if you’re staring at soaring prices, confusing programs, and mortgage math that feels like a foreign language, you are not alone. The good news? There are programs, incentives, and strategies […]