Canada’s housing market is in crisis, with affordability at record lows and new supply struggling to keep pace with demand. While much of the blame is placed on the BOC’s post-pandemic interest rate fiasco and insufficient supply- …

Predictions that Toronto’s housing market would roar back to life in 2025 have so far fallen flat, with sales activity continuing to underwhelm while new listings flood the market. The long-awaited rebound after a sluggish 2024 has …

With the return of Donald Trump and his well-known stance on protectionist trade policies, Canada is once again facing the real threat of U.S. tariffs. We may have escaped tariffs for now, but make no mistake, if there’s one thing t …

Prime Minister Trudeau and the premiers have turned their focus to the pressing issue of interprovincial trade as a potential shield for the Canadian economy against looming threats from the United States. This strategic discussion, a …

Blockbuster December job numbers could calm the rate cut frenzy The national economy ended 2024 on a surprisingly strong note, adding almost 91,000 new jobs, nearly four times the forecasted number. It marked the largest monthly incre …

Federal Reserve policymakers received fresh confirmation last Friday that inflation is continuing to ease, paving the way for a potential interest rate reduction as early as next month. As inflationary pressures subside, the Fed’ …

Canada’s economy showed surprising strength in the second quarter of this year, outpacing expectations with higher-than-anticipated growth. However, despite this strong showing, signs of economic weakness emerged during the summer m …

We’re seeing slowdowns in the condo market, a large increase in listings compared to sales, and investors increasingly wary of allocating capital. Higher interest rates and slowing employment growth are taking their toll. But despit …

Despite the impact of higher rates on the real estate and construction sectors, Ontario’s diversified and resilient economy still managed to create 22,000 new jobs in July. The national economy overall lost a few thousand jobs, with …

When the Bank of Canada catastrophically messed up its reading on inflation by surging rates way too quickly, they put the housing market in a difficult position. Now, many Canadians who bought property at the height of COVID when rat …

Tembo Financial is pleased to announce the promotion of Arlen Ekstein to the position of Vice President of Sales & Marketing. In this new role, Arlen will oversee all sales and marketing activities for Tembo Financial, leading eff …

 On Wednesday, the Bank of Canada reduced its key interest rate to 4.5%, with Governor Tiff Macklem hinting at further reductions if inflation continues to decline. This move was anticipated by many economists following the easing of …