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My Mortgage Blog — Latest Posts
Virginia Calvo || February 09, 2024
What January’s jobs report means for Bank of Canada rate cut expectations
On the surface, the January employment report released today had the signs of a relatively strong economic backdrop. Net employment was up by over 37,000 positions and the unemployment...
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Virginia Calvo || December 15, 2023
Housing markets are continuing to feel the chill heading into winter
Affordability concerns are continuing to keep pressure on Canada's housing markets heading into the winter months, the Canadian Real Estate Association (CREA) reported. The month saw continued...
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Virginia Calvo || December 01, 2023
Canada’s labour market posts big gain in November
The country’s labour market held up better than expected in November, with nearly 25,000 net new jobs created. The employment gains consisted of an increase of 59.6k full-time positions and a...
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Virginia Calvo || November 30, 2023
Canadian economy flirts with recession as GDP fell in Q3
The Canadian economy saw negative growth in the third quarter, according to data released by Statistics Canada this morning. This would have been the second straight quarter of negative quarterly...
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