07/16/2025
Canadian Inflation Accelerates by 1.9% y/y in June; US inflation comes in below forecast for the fifth consecutive month - Dominion Lending Centres
Today’s Report Shows Inflation Remains a Concern, Forestalling BoC Action Canadian consumer prices accelerated for the first time in four months in June, and underlying price pressures firmed, likely keeping the central bank from cutting interest rates later this month. The annual inflation rate i...
07/16/2025
Canadian Housing Might Be Turning A Corner As Sales Picked Up in June and Prices Flattened. - Dominion Lending Centres
Home Sales Rose As Prices Stabilized–Housing Market is Turning a Corner The number of home sales recorded over Canadian MLS® Systems rose 2.8% on a month-over-month basis in June 2025, building on the 3.5% gain recorded in May. Over the past two months, the recovery in sales activity has been led...
06/24/2025
Canadian CPI inflation held steady at 1.7% y/y in May. Core inflation edged downward. - Dominion Lending Centres
Today’s Report Shows Inflation Remains a Concern The Consumer Price Index (CPI) rose 1.7% year-over-year in May, matching the 1.7% increase in April. A reduced rent price increase and a decline in travel tour prices put downward pressure on the CPI in May compared with one year earlier. Smaller de...
06/17/2025
Canadian national home sales were up 3.6% month-over-month - Dominion Lending Centres
Global Tariff Uncertainty Sidelines Buyers Canadian existing home sales recorded over the MLS Systems climbed 3.6% between April and May, a normally strong month for housing, marking the first gain in activity since last November. The Greater Toronto Area (GTA), Calgary, and Ottawa led the monthly i...
06/05/2025
Bank of Canada holds rates steady for second consecutive meeting as Q1 GDP surprised on the high side and tariff-related inflation remains a risk. - Dominion Lending Centres
Bank of Canada Holds Rates Steady for the Second Consecutive Meeting–But Two More Rate Cuts Are Likely This Year As expected, the Bank of Canada held its benchmark interest rate unchanged at 2.75% at today’s meeting, the second consecutive rate hold since the Bank cut overnight rates seven times...
06/03/2025
Q1 Canadian GDP Comes In Stronger Than Expected Owing to Tariffs - Dominion Lending Centres
Q1 GDP Growth Was Bolstered by Tariff Reaction As Residential Construction and Resale Activity Weakened Further Statistics Canada released Q1 GDP data showing a stronger-than-expected 2.2% seasonally adjusted annual rate, a tick above the pace of the quarter before. Exports drove growth as companies...
05/21/2025
Canadian headline inflation fell to 1.7% y/y in April owing to end of carbon tax and falling energy prices. - Dominion Lending Centres
Today’s Inflation Report Poses a Conundrum for the Bank of Canada The headline inflation report for April showed a marked slowdown in the Consumer Price Index (CPI), which rose a mere 1.7% year over year (y/y), down sharply from the 2.3% rise in March. The slowdown in April was driven by lower ene...
05/09/2025
Weak Canadian Jobs Report for April As Tariffs Hit Manufacturing - Dominion Lending Centres
Manufacturing Employment Plunged as Tariffs Weakened the Economy Today’s Labour Force Survey for April showed a marked adverse impact of tariffs on the Canadian economy. Early evidence suggests that the slowing economy will be the primary fallout of tariffs, with upward pressure on prices a second...
04/17/2025
The Bank of Canada holds rates steady in the face of tariff uncertainty - Dominion Lending Centres
Bank of Canada Holds Rates Steady In The Face Of Tariff Uncertainty–More Rate Cuts Coming The Bank of Canada held its benchmark interest rate unchanged at 2.75% at today’s meeting, as expected by half of the market, to mark the first hold following 225 basis points of cuts in seven consecutive d...
04/15/2025
Better than expected Canadian inflation in March may not be enough to trigger another BoC rate cut tomorrow - Dominion Lending Centres
Weaker Than Expected Inflation May Not Be Enough to Trigger Another Bank of Canada Rate Cut Tomorrow Canadian consumer prices rose 0.3% in March (or remained flat when seasonally adjusted), which was lower than expected, reducing the annual inflation rate by 0.3 percentage points to 2.3%. This decre...
04/15/2025
Tariffs Dampen Canada’s Spring Housing Season - Dominion Lending Centres
Global Tariff Uncertainty Sidelines Buyers Canadian existing home sales plunged last month as tariff concerns again mothballed home-buying intentions. Consumer confidence has fallen to rock-bottom levels as many fear the prospect of job losses and higher prices. According to data released today by t...
04/04/2025
Weak Canadian job growth in March and rising unemployment is the first harbinger of a trade-war induced economic slowdown - Dominion Lending Centres
Weak Canadian Job Creation Is The First Fallout From The Trade War Today’s Labour Force Survey for March was weaker than expected. Employment decreased by 33,000 (-0.2%) in March, the first decrease since January 2022. The decline in March followed little change in February and three consecutive m...