Bank of Canada Interest Rate Announcement

The Bank of Canada lowered its overnight policy rate to 2.5 per cent this morning. In its statement, the Bank noted that US tariffs sharply impacted Canadian export levels while also hindering business investment. In spite of resilient consumer spending, GDP declined by about 1.5% in the second quar

Canadian Employment Report (August 2025)

Canadian employment decreased by 0.3 per cent from the previous month, losing 66,000 jobs to 20.955 million in August. The employment rate fell by 0.2 points to 60.5 per cent, while the unemployment rate rose 0.2 points to 7.1 per cent. Average hourly wages rose 3.2 per cent year-over-ye

Provincial Sales Up in August, But Some Regions Still Sluggish - BCREA August 2025 BC Housing Market Update

The British Columbia Real Estate Association (BCREA) reports that 5,961 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in August 2025, up 0.5 per cent from August 2024. The average MLS® residential price in BC in August 2025 was down 1.4 per cent at $926,335 compare