Mortgage Rate Forecast - September 2025

Highlights: Canadian mortgage rates have remained steady amidst a volatile bond market, but are expected to fall over the next three months. Economic slowdown is being driven by lower exports and business investment due to tariffs. The Bank of Canada cut its key interest rate for the first time sinc

Canadian Retail Sales (July 2025)

Canadian retail sales decreased by 0.8 per cent to $69.6 billion in July compared to the previous month. Compared to the same time last year, retail sales were up by 4.0 per cent. Furthermore, core retail sales, which exclude gasoline and automobile items, were down 1.2 per cent month-over-month. In

Canadian Inflation (August 2025)

Canadian prices, as measured by the Consumer Price Index (CPI), rose 1.9 per cent on a year-over-year basis in August, up from a 1.7 per cent increase in July. Month-over-month, on a seasonally adjusted basis, the CPI was up 0.2 per cent in August. The CPI ex-gasoline increased by 2.4 per cent in Au