Category Archives: Economics

Real Estate Market Outlook

By | 12/10/2024

Will Canadian Housing Finally Cool in 2025? The average Canadian home sells for about $700,000 today, similar to last year. (Orange line in chart below.) The market has been going sideways for the last couple of years reaching a fine balance between supply and demand. But going into next year the market faces a couple of headwinds. The… Read More »

FOMO is back in the financial markets

Lately it’s been hard to find good investment ideas for value investors as the stock market is ripping higher than ever. Large cap companies are making big gains, such as Tesla (TSLA) with a 50% price appreciation over the last week. It’s not just stocks. Cryptocurrencies are on the rise too, with Bitcoin rising to $90,000 USD for… Read More »

Expect more rate cuts from the BoC

The Bank of Canada has two more interest rate announcements this year. One later this month and another in December. Although the U.S. economy has recently showed signs of strength, the BoC has said it is willing to diverge from the Federal Reserve on monetary policy when Canadian economic conditions warrant it. We know that the Canadian unemployment… Read More »

Fastest growth since 1867

Welcoming 1.2 million new people this year Happy holidays, everyone. 🎅 With a new year comes new challenges and opportunities. But one thing that won’t change much in 2024 is the rate of immigration, lol. The government recently decided to plateau its long-term immigration targets, gradually increasing the amount of new permanent residents from 465,000 in 2023 to… Read More »