Michael Davenport

500,000 fewer homes needed in Canada by 2035 as population set to decline: Oxford

January 22, 2025 4 Comments

Canada’s housing needs are projected to decrease by 500,000 homes by 2035, driven by a decline in population, according to new research from Oxford Economics.

Odds of second 50-bps Bank of Canada rate cut drop after stronger inflation report

November 19, 2024 1 Comment

Still, many economists still see a half-point cut as likely at the Bank’s December 11 meeting.

Rate cut showdown: 25 or 50 bps? Economists split on Bank of Canada’s next move

October 11, 2024 No Comments

Strong employment results for September have tempered Bank of Canada rate cut expectations for later this month.

Canada’s economy remains resilient, but for how much longer?

July 31, 2024 No Comments

Even in the face of high interest rates and rising unemployment, the Canadian economy continues to demonstrate resilience.

Inflation report “all but guarantees” a Bank of Canada rate cut next week: economists

July 16, 2024 3 Comments

Experts speculate the Bank of Canada may cut rates next week following a larger-than-expected slowdown in the country’s inflation rate in June.

Bank of Canada officials worry that rate cuts may overheat the housing market

June 19, 2024 2 Comments

The Bank of Canada’s top decision-makers expressed concerns before announcing this month’s interest rate cut, fearing that the rate relief could potentially overheat the housing market.

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