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How Trudeau Plans to Fix Housing

August 27, 2021

With Election 2021 on and in full swing, Tembo will dedicate three blog posts to outline what each of the three parties is offering to tackle housing, increase affordability, and help people get their first homes. In this blog, we …

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On The Bank of Canada’s Latest Thoughts (on the economy and interest rates) Part II

August 17, 2021

Inflation took up a lot of the statement, as was expected. Let’s summarize what the BOC said. First, they acknowledged that the inflation rate exceeds their band. It’s not at a level they’re comfortable with. They th …

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On The Bank of Canada’s Latest Thoughts (on the economy and interest rates) Part I

August 17, 2021

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 …

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Is It Finally Almost Over?

August 5, 2021

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 …

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Prepare For a Federal Election Very Soon

August 5, 2021

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 …

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What happens if they actually raise rates?

July 30, 2021

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 …

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Inflation has finally arrived to Canada’s shores

July 29, 2021

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 …

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Canada’s Population and Housing Needs Are Soaring

July 8, 2021

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 …

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Historic News for GTA Public Transit Will Spur Densification and Higher Home Values

June 14, 2021

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 …

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Stay Positive But Be Mindful of Inflation

May 25, 2021

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 …

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April Was a Rough Month for the Ontario Job Market – Because of Lockdowns

May 21, 2021

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 …

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How to Slow Down Price Growth and ‘Normalize’ Momentum

May 14, 2021

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 …

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