The Bank of Canada (BOC) announced its Summary of Governing Council deliberations, to provide explanation and background to its April 10th, 2024 rate announcement. 

Key housing and shelter-related discussions and information included how the imbalance between housing supply and demand, combined with the slow pace of housing supply expansion, was contributing to short-term pressure on shelter inflation,...

On March 22, 2024, the Canada Mortgage and Housing Corporation (CMHC) announced significant funding allocations from the Housing Accelerator Fund for Grand Bay-Westfield, Harvey Rural Community, and the Town of Sussex.

The Housing Accelerator Fund is a $4 billion initiative by the Government of Canada scheduled to operate until 2027. This fund is a component of the National Housing Strategy that was...

On April 19th, Statistics Canada released data indicating a decrease in investment in building construction for the month of February. The total investment declined by 1.1% to $19.3 billion compared to the previous month, with drops in both residential and non-residential sectors.

When considering inflationary effects, accounting for it using a constant dollar basis (with the base year being 2017),...