Canadian Consumer Price Index (CPI) Increases - March 2023
Posted on Apr 18, 2023 in Economics
Canadian Inflation (March 2023)
Canadian prices, as measured by the Consumer Price Index (CPI), rose 4.3 per cent on a year-over-year basis in March, a decrease from the 5.2 per cent rate in February. This large drop was mostly due to base year effects; the CPI was rising quickly this month last year and fuel prices in particular are substantially...
First Back-to-Back Canadian Home Sales Gain in March
Posted on Apr 14, 2023 in Community
Good News On The Canadian Housing Front
The Canadian Real Estate Association says home sales in March edged up 1.4% in March. Homeowners and buyers were comforted by the fall in fixed mortgage rates as the Bank of Canada paused rate hikes. Bond market yields, though very volatile, have trended downward in March, although they have bounced since the...
Bank of Canada Holds Policy Rate At 4.5%
Posted on Apr 12, 2023 in Economics
The Bank of Canada Holds Rates Steady Again But Maintains Its Commitment To 2% Inflation
The Bank of Canada left the overnight policy rate at 4.5%, as expected, stating their view that inflation will hit 3% by mid-year and reach the 2% target by next year. They admit, however, that demand continues to exceed supply, wage gains are too high, and labo...
Bank of Canada sustained its rate
Posted on Apr 12, 2023 in Economics
Bank of Canada Interest Rate Announcement
The Bank of Canada maintained its overnight rate at 4.5 per cent this morning. In the statement accompanying the decision the Bank noted that demand in Canada still exceeds supply and labour markets remain tight and that first quarter economic growth looks stronger than expected. However, the bank expects c...
Employment Rate of Canada - March 2023
Posted on Apr 06, 2023 in Community
Canadian Employment (March 2023)
Canadian employment rose slightly to 20.08 million in March, up by 35,000 (0.2 per cent). The Canadian unemployment rate held steady at 5 per cent, hovering just above all-time lows. Employment gains were concentrated in transportation and warehousing (+41,000); business, building and other support services (+31,000...
Tips for a successful Spring clean
Posted on Apr 05, 2023 in Community
Spring Cleaning Tips
As the sun starts coming back around, it is a great time to scrub those windows and deep clean your home!
Here are some tips for a successful Spring clean:
1. Create a Playlist: Everything is more fun with a great playlist! Not only is music great therapy but it can make the cleaning process go by quicker and make it more enjoyabl...
