Canada’s economic momentum took a step back in February 2025, as new GDP figures reveal a 0.2% monthly decline—an unexpected turn following a strong 0.4% gain in January. The latest data from Statistics Canada show broad weakness across sectors, with 12 of 20 major industries reporting contraction. Service-producing industries saw a modest 0.1% dip, while goods-producing sectors shrank more sharply...

After showing early signs of recovery, British Columbia’s housing market has taken an unexpected turn in 2025, largely due to rising global economic uncertainty. Hopes for a stable rebound were derailed by an escalating trade war that’s shaking confidence among buyers and investors alike. Home sales in BC had been climbing steadily since October 2024, reaching a promising pace in January of this...

The Bank of Canada held its target for the overnight rate at 5% during its March meeting and pledged to continue normalizing the Bank’s balance sheet, as policymakers remained concerned about risks to the outlook for inflation. The bank stated that it will persist in its policy of quantitative tightening until it observes further and sustained easing in core inflation. The latest data revealed that CPI...

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