Bank of Canada Raises Interest Rates to 2.5%: What It Means for the Canadian Real Estate Market
The Bank of Canada has raised its benchmark policy interest rate by 0.25 percentage points to 2.5%, citing stronger-than-expected economic growth and renewed concerns about inflation. The decision could have implications for mortgage rates, housing affordability, and buyer confidence across Canada a
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Canadian Retail Sales Rise 1.2% in August 2026 Amid Economic Uncertainty
Canadian retail sales increased by 1.2% in August 2026 to $74.6 billion, marking a 5.4% increase compared with August 2025. Core retail sales, which exclude gasoline and automobile-related items, also rose by 1.1% month-over-month. After adjusting for price changes, retail sales volumes increased by
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Canadian Inflation Rises to 3.1% as Higher Gas Prices Add Pressure
Canada’s annual inflation rate edged higher in September, with the Consumer Price Index (CPI) rising 3.1% year over year, up from 3.0% in August. While grocery price growth continues to ease, higher gasoline prices and rising transportation costs are adding pressure to household budgets and creating
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