Economic Indicators

CMHC readies for housing market risks in wake of Covid-19 downturn

Economic shock of pandemic not yet fully reflected in housing market data

By The Canadian Press |August 28, 2020

2 min read

Deficit hit $120 billion in June: Finance Department

Major financial transfers to individuals were up 193% compared to last year

By The Canadian Press |August 28, 2020

2 min read

U.S. consumer spending gets a boost in July

Spending rose by 1.9% for the month

By Martin Crutsinger, The Associated Press |August 28, 2020

3 min read

Record drop for Canadian economy in Q2

Pandemic caused real GDP to contract by 38.7%

By Jordan Press, The Canadian Press |August 28, 2020

3 min read