Canadian CPI Inflation Edges Up to 3.0% in July, While Core Inflation Remains Below Its 2% Target The Consumer Price Index (CPI) rose 3.0% y/y in July, following the June gain of 2.8%. The inflation uptick was caused by higher gasoline prices and a rise in the cost of travel tours. Slowing the faster price growth was the deceleration in […]
So Much For Recession Worries, The July Jobs Report For Canada Was A Blockbuster Surprisingly strong employment gains in July confirm the economy is recovering from its Q4-’25 to Q1-’26 weakness. This is consistent with the strong July GDP figures, which point to 3.8% growth in the second quarter following a -1.0% dip in Q1. Canadian employment defied the bears […]
Dr. Sherry Cooper joined Dominion Lending Centres and DLCG Mortgage Group President, Eddy Cocciollo, for In Conversation to discuss the latest updates from the Bank of Canada as of July 15, 2026.
Housing Market Momentum Persists in June, and the Bank of Canada Held Rates Steady Canada’s housing market gained meaningful momentum in May and June. The number of home sales recorded over Canadian MLS® Systems edged up a further 0.5% on a month-over-month basis in June 2026. This builds on the 5.5% jump recorded in May and the 0.9% increase in April, […]
Canadian Inflation Rose to 3.2% in May as Core Inflation Remained Subdued Higher gasoline prices pushed Canadian inflation to a more than two-year high, while underlying inflation pressures showed little sign of accelerating, with core measures broadly unchanged and price gains less broad-based. Canada’s annual inflation rate rose to 3.2% in May, Statistics Canada reported Monday, marking its highest level […]