Mortgage Rate Forecast (June 2026)

Canadian borrowers were effectively denied a period of lower rates that should have extended through much of 2026. The drop in bond yields seen earlier this year has been erased, as the Iran conflict and ensuing oil shock have driven yields back to early‑2025 levels.   With the Strait of Hormuz rema

Canadian Inflation (May 2026)

Canadian prices, as measured by the Consumer Price Index (CPI), rose 3.2 per cent on a year-over-year basis in May, following a 2.8 per cent increase in April. On a seasonally adjusted monthly basis, the CPI was up 0.5 per cent in May, equivalent to a 5.9 per cent increase on an annualized basis. Th

Canadian Retail Sales (April 2026)

Canadian retail sales increased by 0.5 per cent to $73 billion in April compared to the previous month. Retail sales were 3.7 per cent higher compared to the same time last year. However, core retail sales, which exclude gasoline and automobile items, decreased by 0.7 per cent in April. In volume te