The sharp decline in oil prices has temporarily dimmed its outlook
The seasonally adjusted rate was 213,419 units in December, down from November but higher than economists’ expectations
Positive signals from trade talks, oil price increase lift markets
The potential for mortgage growth to turn negative will hinge on whether the Canadian housing market declines
The loonie also hit a four-week high on Monday
Larry Zelvin will lead the new division, which will focus on cybersecurity and fraud capabilities
Strong trade, employment and interest rate news calmed investors’ fears
Higher interest rates and stricter mortgage rules contributed to the moderating market
But even in the tightened job market, wage growth remained well below inflation
U.S. stock indices also nudged upward to start 2019