Eric Rushton - Mortgage Broker

Eric Rushton || July 17, 2024

Slowing inflation raises Bank of Canada rate cut expectations

Canada's headline inflation rate slowed more than expected to a pace of 2.7% in June, according to new figures from Statistics Canada. That's down from May’s reading of 2.9% and reverses an...

Eric Rushton || July 12, 2024

Canadian housing market activity picked up in June

The Canadian housing market saw a modest increase in home sales in June, according to the latest report from the Canadian Real Estate Association (CREA). Home sales in Canada rose by 3.7% in June...

Eric Rushton || July 05, 2024

Jobless rate rises to 6.4% in June, raising questions about the BoC's next rate

Canada's labour market fell short of expectations in June, leading to an increase in the unemployment rate to 6.4%. Despite this weak report, most economists believe the Bank of Canada will not...

Eric Rushton || June 07, 2024

May employment growth fuelled by part-time positions

The Canadian economy continued to see a net rise in new jobs created last month, however all of the gains consisted of part-time positions. Statistics Canada reported today that the...