Canada’s unemployment rate was steady at 6.1 per cent in April as employers collectively added some 90,000 jobs, primarily concentrated in part-time work.
— Read on globalnews.ca/news/10487369/canada-unemployment-april-2024/
Author: admin
What the changes to the Home Buyers’ Plan mean for prospective buyers
One expert says the changes to the Home Buyers’ Plan will be ‘marginal at best’ for first-time homebuyers.
— Read on ca.finance.yahoo.com/news/what-the-changes-to-the-home-buyers-plan-mean-for-prospective-buyers-141115909.html
The US Could Unlock $980 Billion in Homeowner Equity, Top Analyst Says
“As early as this summer, a proposed move could begin to unleash almost $1tn into consumers’ wallets. By the autumn, it could be on its way to $2tn.”
— Read on www.businessinsider.com/housing-market-mortgage-home-equity-stimulus-debt-outlook-freddie-mac-2024-5
Can the Bank of Canada cut rates before the U.S.? What Macklem, economists say
There’s a limit to how much interest rates in Canada and U.S. can diverge: Macklem – BNN Bloomberg
GDP per capita in Canada hits lows of a recession | Financial Post
Falling GDP per capita has economists calling for the Bank of Canada to start cutting rates soon before too much damage is done. Read more.
— Read on financialpost.com/news/economy/gdp-per-capita-record-drop-outside-recession
Bank of Canada says two per cent inflation target necessary | Financial Post
Senators question whether Bank of Canada should just raise inflation target to give Canadians relief on high mortgage rates. Read more
— Read on financialpost.com/news/macklem-defends-bank-of-canada-inflation-target
Canada’s per capita output drops 7% below trend, new Statscan report says – The Globe and Mail
Weak productivity, business investment contribute to sluggish economic performance
— Read on www.theglobeandmail.com/business/article-canada-economic-output-statistics/
Bank of Canada says any rate cuts would probably be gradual | Reuters
By Promit Mukherjee and David Ljunggren
— Read on www.reuters.com/world/americas/bank-canada-says-any-rate-cuts-would-probably-be-gradual-2024-04-24/
Visualizing AI Patents by Country
This visualization shows which countries have been granted the most AI patents each year, from 2012 to 2022.
— Read on www.visualcapitalist.com/visualizing-ai-patents-by-country/