Economic Insights.

Dr. Cooper is Dominion Lending Centre's Chief Economist who helps Canadians understand the issues surrounding their most important financial decision – buying a home.

Canadian CPI Inflation Decelerated to 1.7% in July, from 1.9% in June mainly on lower oil prices.

August 19, 2025

Today’s CPI Report Shows Headline Inflation Cooling, But Core Inflation Remains Troubling Canadian consumer prices decelerated to 1.7% y/y in July, a bit better than expected and down two ticks from June’s reading. Gasoline prices led the slowdown in the all-items CPI, falling 16.1% year over year in July, following a 13.4% decline in June. Excluding gasoline, the CPI rose 2.5% in July, matching the increases […]

Good News On The Housing Front As Sales Rose 3.8% m/m in July

August 15, 2025

Canadian Homebuyers Return in July, Posting the Fourth Consecutive Sales Gain Today’s release of the July housing data by the Canadian Real Estate Association (CREA) showed good news on the housing front. Following a disappointing spring selling season, National home sales were up 3.8% in July from the month before, with Toronto seeing transactions rebound 35.5% since March. However, the total […]

The July Labour Force Report showed a weaker-than-expected decline in net employment retracing some of June’s gain.

August 8, 2025

Canada’s July Labour Force Survey Was the Weakest Since 2022 Employment fell by 40,800 jobs in July, a weak start to the third quarter, driven by decreases in full-time work, with most of the decline in the private sector. The jobless rate held steady at 6.9%, even though the number of unemployed people fell. The monthly decline was the largest since […]

In Conversation with Dr. Sherry Cooper (July 2025)

August 5, 2025

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 30, 2025.

Bank of Canada Holds Rates Steady as Tariff Clouds Linger

July 30, 2025

Bank of Canada Holds Rates Steady As Tariff Turmoil Continues As expected, the Bank of Canada held its benchmark interest rate unchanged at 2.75% at today’s meeting, the third consecutive rate hold since the Bank cut overnight rates seven times in the past year. The Governing Council noted that the unpredictability of the magnitude and duration of tariffs posed downside […]