Illegal cannabis getting even cheaper, as legal gets costlier, StatsCan says | CBC News

Statistics Canada’s quarterly report on cannabis prices suggests the cost chasm between legal and illegal versions of the drug is wide, and getting wider.
— Read on www.cbc.ca/news/business/cannabis-prices-1.5206554

Vancouver’s benchmark home price falls below $1M for first time since May 2017 – BNN Bloomberg

Vancouver’s benchmark home price falls below $1M for first time since May 2017 – BNN Bloomberg
— Read on www.bnnbloomberg.ca/vancouver-s-benchmark-home-price-falls-below-1m-for-first-time-since-may-2017-1.1282212

Canadian Inflation Surges as Core Rate Hits Highest Since 2012 – Bloomberg

Canadian inflation quickened in May on increases across the board, giving the Bank of Canada plenty of scope to hold interest rates steady.
— Read on www.bloomberg.com/news/articles/2019-06-19/canadian-inflation-surges-as-core-rate-hits-highest-since-2012

A new study has found Canadians between the ages of 25 and 34 are stuck in a market where earnings aren’t rising enough to keep pace with housing prices. The report said the chasm between money made and money needed is widest in B.C. and Ontario, particularly in Vancouver and Toronto.
— Read on www.cbc.ca/news/canada/british-columbia/home-prices-vancouver-twice-what-millennials-can-afford-1.5172388

Why the Next Recession Will Hit Canadians Harder Than Americans – Bloomberg

The recent yield curve inversion has renewed speculation about a potential North American recession and prompted questions about how a contraction would affect households.
— Read on www.bloomberg.com/news/articles/2019-06-10/why-the-next-recession-will-hit-canadians-harder-than-americans

Canada `Blew’ Its Chance to Be World Pot Leader: Cannabis Weekly – Bloomberg

Canada “blew it” on cannabis legalization and is rapidly losing ground to the U.S. as a result, according to the founder of one of the top investment bankers to the industry.
— Read on www.bloomberg.com/news/articles/2019-06-09/canada-blew-its-chance-to-be-world-pot-leader-cannabis-weekly

Bank of Canada will likely join ‘rate-cutting party’ in 2020, CIBC says – BNN Bloomberg

Bank of Canada will likely join ‘rate-cutting party’ in 2020, CIBC says – BNN Bloomberg
— Read on www.bnnbloomberg.ca/bank-of-canada-will-likely-join-rate-cutting-party-in-2020-cibc-says-1.1270281