February 8, 2021
Last month saw a spike in job losses, but Government of Canada bond yields rose anyway. Today's post explains why.
Posts from the ‘statistics Canada’ Tag
November 9, 2020
Last Friday Statistics Canada released its latest employment report and estimated that our economy added another 84,000 jobs in October. This result came in a little higher than the consensus forecast of 75,000 but well below the robust increases we saw in September (+378,000) and August (+246,000). The more jobs we recover, the slower the pace of additional gains will be and the more evident the permanent damage caused by COVID will become. I am an independent full-time mortgage broker and industry insider who helps Canadians from coast to coast. If you are purchasing, refinancing or renewing your mortgage, contact me or apply for a Mortgage Check-up to obtain the best available rates and terms.
October 13, 2020
Our employment recovery continues at a much stronger pace than expected. Today's post offers my take on how this may impact Canadian mortgage rates going forward.
October 5, 2020
Today's post offers five highlights from the latest Canadian GDP data, which were released by Statistics Canada last week.
September 8, 2020
Here are five quick thoughts on the latest Canadian employment data and an update on what happened with mortgage rates last week.