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The Bank of Canada has consecutively lowered its interest rate by 25 basis points to 4.25% for the third month in a row, aligning with market expectations. This marks the third rate cut since the initial reduction in June, driven primarily by sluggish economic growth, a high unemployment rate, and easing inflationary pressures.
Inflation levels and employment figures are the key data points closely monitored by the...

In 2023, Canada's population reached 40.5 million, having grown by over 1.2 million people. This is an astounding figure, particularly given the rebound of 825,000 in 2022 after the COVID-19 recession. It is also the largest increase in any 12-month period since the country's creation in 1867.
According to a report from National Bank Financial Inc., Canada's population growth in 2023 was 3.2%, five times higher than the OECD average. What...