The latest residential housing construction report showed starts climbed year-over-year, reaching a five-month high in July, with multifamily projects in particular leading the way.
Yet this pickup comes against a backdrop of developer caution, as high interest rates and rising construction costs have made homebuilding especially challenging in rece...
The latest release of Consumer Price Index (CPI) data from Statistics Canada showed a decline in the overall rate of inflation in Canada last month. Headline inflation dropped to an annual rate of 1.7% in July— and remained below the Bank of Canada’s 2.0% target—from 1.9% in June. Gasoline prices once again were the biggest factor in slowing inflat...
Economists and analysts have been combing over data releases as of late in search of indications on the direction of the economy. Despite ongoing headwinds from elevated interest rates and an uncertain and wide-ranging trade dispute, the markets have seemed surprisingly little bothered.
That changed recently, as a set of downward revisions to job gr...
