Is Inflation Crippling Homebuyers?
Time to fix the inflation indicator Many young Canadians have been shut out of home ownership partly because Statistics Canada failed to sound the alarm as prices began to soar. Its Consumer Price…
Statistics Canada reveals latest inflation rate
by Jordan Press Canada’s headline inflation barometer rose 1% in January compared with the same month last year, accelerating from the end of 2020 and poised to go higher in…
StatsCan: Mortgage debt to GDP ratio reaches new heights in Q2
The ratio of national mortgage debt to GDP has already exceeded 80%, according to Statistics Canada. During the second quarter, the volume of mortgage debt was equivalent to 84.28% of GDP. For…