Bank of Canada Interest Rate Announcement

The Bank of Canada held its overnight policy rate at 2.25 per cent this morning. In the statement accompanying the decision, the Bank noted that US trade restrictions and uncertainty continue to disrupt growth in Canada. The Bank projects modest near term economic growth as population growth slows a

BC Monthly Real GDP Estimate for November 2025 & Preliminary Estimate for December 2025

The BCREA Nowcast estimate for provincial economic growth, measured as year-over-year growth in real GDP, indicated a 1.4 per cent increase in November. By comparison, the Canadian economy saw a year-over-year growth of just 0.6 per cent in November. Our preliminary estimate for December suggests ye

Canadian Housing Starts (December 2025)

Canadian housing starts increased 11 per cent from the previous month, totaling 282,439 units in December at a seasonally adjusted annual rate (SAAR). Starts were up 21 per cent from the same month last year (SAAR).  In areas with 10,000 or more residents, single-detached housing starts decreased by