For business leaders and policymakers, the concern is not simply falling prices, but a structural imbalance that risks prolonging weakness in construction and household spending. According to CIBC, prices remain too elevated to restore broad affordability, but are not high…

This news highlighted the complex dynamics now shaping the country’s economic outlook. According to new data from Statistics Canada, the economy lost a net 24,800 positions during the month, defying expectations for modest job growth. At the same time, the…

This theme is that policy uncertainty, rather than inflation alone, is now the dominant driver of monetary strategy. While the hold was widely expected, the central bank’s emphasis on the “uncertain timing or direction” of its next move signals a…

For businesses, investors, and policymakers, the move underscores how fragile large-scale electrification strategies can be when consumer demand, policy alignment, and profitability fail to converge. The company recently announced a multibillion-dollar charge tied to its EV division and confirmed it…

According to new data from Statistics Canada, the slowdown aligns with market expectations and reflects significant declines in gas prices, which have remained a major factor in pulling headline inflation lower throughout the year. Gasoline prices dropped sharply compared with…

The bank’s latest report warns that the mortgage renewal “payment shock” will peak in 2026. This will occur when a wave of homeowners from the low-interest pandemic years face significantly higher borrowing costs. Overall household credit quality remains strong. Insolvency…

The review found that only a small fraction of people seeking help from CRA call centres received the correct answers to their tax-related questions, while many others faced long wait times and inconsistent guidance. For many Canadians, the CRA is…

This initiative, part of the federal government’s cost-of-living support plan, is designed to help low- and middle-income households cope with rising grocery prices and persistent inflation that continue to stretch family budgets. The CRA has confirmed that payments will begin…

The issue stems from new tax rules introduced in 2022 that required certain trusts, including so-called “bare trusts,” to be reported to the Canada Revenue Agency (CRA). These rules were intended to tackle tax avoidance, money laundering, and other illicit…

In response to mounting frustration, the CRA has introduced a 100-day Service Improvement Plan running from September 2 to December 11, 2025. This initiative is designed to tackle delays and make it easier for taxpayers to access the help they…