Michael King - Mortgage Broker

Michael King || December 01, 2023

Canada’s labour market posts big gain in November

The country’s labour market held up better than expected in November, with nearly 25,000 net new jobs created. The employment gains consisted of an increase of 59.6k full-time positions and a...

Michael King || November 30, 2023

Canadian economy flirts with recession as GDP fell in Q3

The Canadian economy saw negative growth in the third quarter, according to data released by Statistics Canada this morning. This would have been the second straight quarter of negative quarterly...

Michael King || November 21, 2023

Easing inflation has likely “closed the door” to further rate hikes

Canada’s headline inflation rate eased more than expected in October, likely shutting the door to any further immediate rate hikes, economists say. Statistics Canada reported Tuesday that...

Michael King || November 16, 2023

Existing homes sales fell in October

Sales of existing homes continued to fall in October while prices remained flat, the Canadian Real Estate Association (CREA) reported today. Sales fell 5.6% from September but remain 0.9% above...