COVID-19 hit to housing market is just the beginning of a tough period

April 03, 2020 |Robert Hogue
Canada's housing market passed a major inflection point mid-March Early results from local real estate boards show a sharp drop-off in home resales in the second half of the month after what was a strong first half. We expect activity to slow to a crawl...
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Bank of Canada Commits to Do What’s Necessary to Keep System Running

Bank of Canada commits to do what’s necessary to keep system running

March 18, 2020 |Dawn Desjardins

The Bank of Canada Governor did not make any new policy announcements today but ran through the long list of policies put in place to support the financial system and ensure that credit is available to households and businesses.

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Phase One COVID-19 Stimulus Mostly Helps Households

Phase one COVID-19 stimulus mostly helps households

March 18, 2020 |Colin Guldimann

Canada's federal government announced a stimulus package of $27 billion (1.2% of GDP) in direct spending, and $55 billion (2.4%) in tax deferrals for individuals and businesses.

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