statistics canada Archives - Mortgage Rates & Mortgage Broker News in Canada

Au milieu de tours d’habitation, de la machinerie lourde est utilisée pour la démolition d’immeubles d’appartements

Vancouver has the highest rents in the country, according to Statistics Canada

June 25, 2025 No Comments

Vancouver had the highest average asking rent for a two-bedroom apartment in the first quarter, according to Statistics Canada.

A rental sign is seen outside a building in Ottawa

Steady May inflation figures don’t make the case for rate cuts: economists

June 24, 2025 No Comments

May inflation figures showed marginal improvements in some of the Bank of Canada’s closely watched price figures — a step in the right direction, some economists say, but likely not enough to convince the central bank to cut interest rates.

Canada sees largest monthly drop in residential construction investment since 2021

June 23, 2025 No Comments

Residential construction investment fell 4.5% in April to $15.5 billion, the steepest monthly decline in dollar terms in nearly three years, led by a sharp pullback in multi-unit projects.

Retail sales rebound in April, but warning signs point to slowdown ahead

June 20, 2025 No Comments

While April marked a second month of gains, early data for May suggests the rebound is already faltering amid trade tensions and weakening demand.

Canadian households took on $9.1B in new mortgage debt in April

June 18, 2025 No Comments

Mortgage debt growth accelerated in April as Canadian households added $9.1 billion in new borrowing, even as non-mortgage credit slowed to its weakest pace in months.

Canada sees near-zero population growth as non-permanent resident numbers fall

June 18, 2025 7 Comments

Canada’s population was virtually unchanged in the first quarter of 2025, marking the slowest growth since the early days of the pandemic.

Shelter takes larger share in updated CPI basket weights

June 17, 2025 No Comments

The latest update to the Consumer Price Index (CPI) basket gives even more weight to shelter costs—particularly mortgage interest and rent—underscoring just how much housing expenses are shaping the inflation experience of Canadians.

Statistics Canada reports household debt-to-income ratio ticked higher in Q1

June 12, 2025 No Comments

Statistics Canada says the amount Canadians owe relative to their income ticked higher in the first quarter as debt grew faster than income.

National building permits drop 6.6% in April, led by steep pullback in Vancouver

June 12, 2025 No Comments

Canadian building intentions declined sharply in April, with the total value of permits falling 6.6% to $11.7 billion, led by a steep pullback in multi-family housing plans in British Columbia, according to Statistics Canada.

Jobless rate hits 7%, but markets trim odds of July rate cut as job losses come in softer than expected

June 6, 2025 No Comments

Canada’s labour market continued to weaken in May, with the unemployment rate rising to 7%—the highest since 2016, excluding the pandemic years. But the deterioration was less severe than many economists had expected.

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