CANADIAN HOME SALES AND NEW LISTINGS PLUNGE IN APRIL

CANADIAN HOME SALES AND NEW LISTINGS PLUNGE IN APRIL

On the heels of a devastating decline in the Canadian economy, the Bank of Canada is taking unprecedented actions. With record job losses, plunging confidence and a shutdown of most businesses, this month’s newly released Monetary Policy Report (MPR) is a...
HISTORIC JOB LOSSES IN APRIL IN CANADA AS THE ECONOMY BOTTOMS

HISTORIC JOB LOSSES IN APRIL IN CANADA AS THE ECONOMY BOTTOMS

The Canadian economy has been put in a medically induced coma. Never before in modern history have we seen a forced shutdown in the global economy so, not surprisingly, the incoming data for April is terrible. There is a good chance, however, that April will mark the...
BANK OF CANADA PUTS THE ECONOMY ON LIFE SUPPORT

BANK OF CANADA PUTS THE ECONOMY ON LIFE SUPPORT

On the heels of a devastating decline in the Canadian economy, the Bank of Canada is taking unprecedented actions. With record job losses, plunging confidence and a shutdown of most businesses, this month’s newly released Monetary Policy Report (MPR) is a...