Bank of Canada Interest Rate Announcement – April 29, 2026
The Bank of Canada maintained its overnight policy rate at 2.25 per cent this morning. In the statement accompanying the decision, the Bank noted that although the Iran war has led to sharply higher oil prices, the outlook for Canadian economic growth is relatively unchanged, as higher prices for Ca
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BC Housing Market Faces Multiple Headwinds in 2026
The British Columbia Real Estate Association (BCREA) released its 2026 Second Quarter Housing Forecast today.Multiple Listing Service® (MLS®) residential sales in BC are forecast to fall 2.1 per cent to 68,700 units this year. In 2027, MLS® residential sales are forecast to move higher, rising 7.7 p
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Canadian Retail Sales (February 2026)
Canadian retail sales increased by 0.7 per cent to $72.1 billion in February compared to the previous month. Retail sales were 3.8 per cent higher compared to the same time last year. Furthermore, core retail sales, which exclude gasoline and automobile items, increased by 0.6 per cent in February.
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