Gifts to support home purchases rising alongside home prices, CIBC says
Weaker labour market, still-high interest rates and dwindling savings to crimp consumer spending
Range of possible futures depends on immigration levels
Easing financial conditions cushion impact of slowing global economy
The overall trend in spending points to softness, however
Despite initial cut, monetary policy remains restrictive, and economy faces other headwinds
Weekly unemployment claims — a proxy for layoffs — remain at low levels by historical standards
The central bank kept its rate steady even though inflation has fallen to its 2% target
Fund manager survey finds investor sentiment growing gloomy
Temporary residents drive growth, but StatsCan sees signs of slowing