In this blog, Tembo will dig into the BOC’s latest major statement to the media and the public from mid July, to try to understand the Bank’s analysis of the macro-economic situation Canada finds itself in. What the Bank d …

In a recent briefing to the media, Premier Ford had the following message: “Everyone’s worked hard: healthcare folks have worked hard, the people of Ontario… we just can’t go back, we have to go forward. We c …

The media have been whispering about a snap summer federal election for many months now, and the tempo of these ramblings has been increasing. In addition to the media chatter is a relentless amount of federal announcements in the las …

The Bank of Canada’s language on rates has tightened dramatically in the last several months. It was not long ago that BOC Governor Maklem was saying that rates would stay ultra low for many years to come – this to support …

For the last decade Canada has enjoyed inflation that never rose over 3%, hitting the Bank of Canada’s target. There were times when inflation was so low and unalarming that economists and public figures called for massive gover …

Canada’s 2011 census saw the population tick in at just under 33.5 million, a 6% increase from the 2006 census of 31.6 million. By 2016, the national population had risen to over 35 million people, and Statscan estimates that ov …

The Federal government has finally taken a strategic leadership role in the construction of public transit in the GTA. Several weeks ago, Ottawa announced that it would cut a cheque for over $12 billion on key strategic transit projec …

The latest Canadian inflation figures are out and are the highest in a decade at 3.4%. Similar data release in the U.S. shows inflation rising above 4%. The increase in April set a new pandemic-era high for the third time in as many …

Employment in Ontario decreased by 152,700 in April, even though employment growth surged in March. The province rightly pointed to tough lockdown measures, new, more contagious variants, and the overall third wave of COVID-19 as the …

There’s been more and more talk in the media and by real estate experts on the need to implement some rule changes and stringent new measures to the real estate market to slow down the double digit, and record breaking sales and …

As Tembo has reported, the Ontario government’s language towards a proposed GTA West highway route (Highway 413) has become increasingly bullish, suggesting that the highway will be a long term infrastructure priority for the …

There’s almost $8 billion in Budget 2021 for housing, while this may seem like a huge figure, consider that those resources are for the national housing picture, and keep in mind that overall spending in budget 2021 is over $509 …