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Former BoC governor Stephen Poloz warns against entrenching inflation in expectations
BANFF, Alta. – Preventing current high inflation levels from becoming embedded into the public's expectations is key if the country is to avoid falling into recession, former Bank of Canada governor Stephen Poloz said Thursday.…
More than 805,600 homes unsuitable for the number of people living there: StatCan
TORONTO — With a family of seven living in a three-bedroom townhouse and a fitness business she runs from home, Vanessa van Tol is a pro at maximizing space.The Delta, B.C., personal trainer behind Lunges and Lipstick uses her garage…
More housing is ‘needed, really needed’ for Indigenous people in Sask., report says
THE STARPHOENIX
A new report from Statistics Canada has found many Indigenous people in Canada struggling to find safe, quality housing.In Saskatchewan, researchers, advocates and community members know how serious the problem is.…
Harden and Walmart Canada to build a fulfillment centre in Quebec
A new ±457,000 square foot Walmart fulfillment centre, manufactured by Harden and Walmart Canada, is coming to Quebec. Located in Vaudreuil-Dorion, the building is part of Harden’s new industrial park, Le Campus Henry Ford, with Walmart…
Stats Canada says Canada’s homeownership rate fell in latest 2021 census release
OTTAWA – Canada's homeownership rate is on the decline, with young adults in particular less likely to own a home in 2021 than they were in 2011, says Statistics Canada.According to the latest census release, two-thirds of Canadians…
B.C. posts Canada’s highest unaffordable housing rate, homeless fear death on streets
OTTAWA — British Columbia's high housing costs are hitting people from all walks of life, from young professionals who can't afford down payments, to students and low-income renters, to people living in tents who are afraid they will die…
Economic stimulus should have stopped earlier to tame inflation, Bank of Canada says
OTTAWA – Bank of Canada deputy governor Paul Beaudry said in hindsight, governments and central banks should have withdrawn stimulus measures earlier as economies recovered from the COVID-19 pandemic, which likely would have kept a lid…
Why Canadian Homebuilders Must Embrace Smart Home Technology
The world is changing, and so are our homes. They’re becoming more connected, more powerful and, potentially, more energy efficient as well. No longer a vision of a Jetsons future, smart homes are becoming a standard of the real estate…
Canada’s inflation rate cools in August but grocery prices continue to climb
OTTAWA – Canada's annual inflation rate slowed to 7.0 per cent in August largely driven by the price of gasoline falling, but the cost of groceries continues to climb.In its latest monthly consumer price index (CPI) report,…
Ontario’s Construction Employment Reaches New Records: report
According to recent research conducted by the Ontario Construction Secretariat, new data from Statistics Canada has shown that construction employment in Ontario continues to reach new record highs, breaking the previous record from May.…