Canadian headline inflation fell to 1.7% y/y in April owing to end of carbon tax and falling energy prices.

May 20, 2025

Today’s Inflation Report Poses a Conundrum for the Bank of Canada The headline inflation report for April showed a marked slowdown in the Consumer Price Index (CPI), which rose a mere 1.7% year over year (y/y), down sharply from the 2.3% rise in March. The slowdown in April was driven by lower energy prices, which fell 12.7% following a 0.3% decline in March. Excluding […]

Canadian National Home Sales Unchanged In April As New Listings and Home Prices Fall

May 15, 2025

Global Tariff Uncertainty Sidelines Buyers Canadian existing home sales were unchanged last month as tariff concerns again mothballed home-buying intentions, mainly in the GTA and GVA where sales have declined for months. Consumer confidence has fallen to rock-bottom levels as many fear the prospect of job losses and higher prices.  The number of sales recorded over Canadian MLS® Systems was […]

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