15 Sep

Insufficient Housing Supply Boosted Home Prices Again In August – September 15 2021

Latest News

Posted by: Matthew J. Charlton

SEPTEMBER 15 2021 Home Prices Still Rising As Falling Sales Reflect Insufficient Supply Today the Canadian Real Estate Association (CREA) released statistics showing national existing home sales fell a slight 0.5% nationally from July to August 2021–the fifth consecutive monthly decline. Over the same period, the number of newly listed properties edged up 0.8%, and the MLS Home […]

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10 Sep

Good News on the Canadian Jobs Front – September 10 2021

Latest News

Posted by: Matthew J. Charlton

September 10 2021 August Employment Report Showed Continuing Recovery This morning, Statistics Canada provided us with some much-needed good news on the economic front following last week’s surprisingly dismal Q2 GDP report. Canada’s labour market continued its recovery in August, especially in the hardest-hit food services and accommodation sectors. The August Labour Force Survey (LFS) […]

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8 Sep

Bank of Canada Stands Pat – September 8 2021

Latest News

Posted by: Matthew J. Charlton

September 8 2021 Bank of Canada Responds To Weak Q2 Economy–Holding Policy Steady As we await the quarterly economic forecast in next month’s Monetary Policy Report, the Bank of Canada acknowledged that the Q2 GDP report, released last week, caught them off-guard. In today’s policy statement, the Governing Council of the Bank said, “In Canada, […]

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31 Aug

Canada’s Economy Unexpectedly Contracted in Q2 – August 31 2021

Latest News

Posted by: Matthew J. Charlton

AUGUST 31 2021 Housing Dampened Economy in Q2 This morning’s Stats Canada release showed that the economy unexpectedly contracted in the second quarter by 1.1%, down from the revised 5.5% gain in the first three months of the year. The Canadian dollar dipped on the news to $.7921 as questions of resiliency in the face […]

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1 Aug

8 Party Tips, Alternative Financing & Canadian Home Sales Slow for Fourth Consecutive Month – August 2021

Monthly Newsletter

Posted by: Matthew J. Charlton

AUGUST 2021 Hello! In this issue: 8 Steps to the Perfect Summer Party! Alternative Financing and What You Should Know Economic Insights with Dr. Sherry Cooper 8 Steps to the Perfect Summer Party! There’s something magical about summer and no matter where you live in Canada, backyard BBQ season is the perfect opportunity to spend […]

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