May home sales down 4.3% from year ago, but activity up month-over-month
Pickup from April may signal start of turnaround in housing: CREA economist
- By: Sammy Hudes, The Canadian Press
- June 16, 2025 June 16, 2025
- 10:23
Pickup from April may signal start of turnaround in housing: CREA economist
Promotions boosted May retail sales, but exports and housing slumped
Urban starts held steady at just under 260,000
Trade war anxieties ease, but sentiment is still down 20% from late 2024
Infrastructure, equities and credit investments boost PSP performance
Half of manufacturers polled said they were affected by tariffs in April
Inflation remains mild, with little impact from tariffs so far
The chief economist at one of Europe’s largest banks reflects on how U.S. volatility is shaping investors' approaches
U.S. filings for jobless benefits were unchanged last week, remaining at the higher end of recent ranges
New frontier for alt funds has potentially systemic implications
The deal was announced after two days of talks in London
Consumer prices rose 2.4% last month, relative to a year ago, up from a 2.3% yearly increase in April
Rising primary energy demand will require US$17.4 trillion in oil investment by 2050: OPEC
Trade group estimates the measure could cost the country US$55B annually over 10 years in lost GDP
Return trips by air fell 24% compared with last May, while return trips by auto plunged 38%
Global economy has missed its chance for a soft landing, bank says
Economists warn it may fuel demand without fixing Canada’s supply crunch
Bank of Canada to resume cuts next month, Fed sidelined until Q4
New supply, slower population growth and economic uncertainty ease pressure on the market
Unlike the CDOs that sparked the financial crisis, CLOs are pooled loans to corporations
Governor sees room for central bank's mandate to expand beyond inflation
China's global exports climbed 4.8% last month, slowing from an 8.1% year-on-year increase in April