Desjardins Economics Archives - Mortgage Rates & Mortgage Broker News in Canada

Ottawa's plan to waive the sales tax on new builds

GST relief on new homes could save 1st-time buyers up to $240 on mortgages: report

June 9, 2025 2 Comments

The Liberal plan to give first-time homebuyers a tax break on a newly built home could have substantial impacts on housing affordability — with a few caveats — a new analysis finds.

Stronger-than-expected retail sales could delay Bank of Canada rate cuts

February 21, 2025 No Comments

A surge in retail sales in December has added to the likelihood that the Bank of Canada will pause its rate cuts in March.

Rent inflation to slow in the next few years, Desjardins predicts

November 14, 2024 No Comments

The rate at which Canadian rental prices are increasing should slow in the coming years as the government’s plan to cut back immigration numbers takes hold, a new report from Desjardins says.

Labour shortage in construction among obstacles facing Ottawa’s housing plan: report

September 10, 2024 1 Comment

A new report by Desjardins warns Ottawa’s efforts to kickstart new housing supply likely won’t be enough to meet “optimistic” targets due to regulatory hurdles and constraints on labour, materials and financing.

Soft GDP figures point to a BoC rate cut next week, but uncertainty remains

May 31, 2024 No Comments

Canada’s economy slowed more than expected in the first quarter, raising the odds of an interest rate cut next week by the Bank of Canada, economists say.

Brace for recession (if we’re not already in one), economists say

January 23, 2024 1 Comment

Canada’s economy is headed for an imminent recession in 2024—that is, if we aren’t already in one, economists say.

Desjardins Economics