Carol Cologna

Carol Cologna || April 04, 2022

Inflation in Canada

The data from Statistics Canada showed as of January 2022, the average home price in Canada rose to a new high of $748,450, up 21% from a year earlier.With housing inventory in short supply and demand...

Carol Cologna || January 27, 2022

The Bank of Canada Left Rates Unchanged. Now What?

The Bank of Canada may have raised its inflation forecasts, but it didn’t raise interest rates this week as many had expected. At its first rate policy meeting of the year,...

Carol Cologna || January 21, 2022

Will the Bank of Canada Hike Early on Inflation Concerns?

Earlier this week, we learned that Canada’s headline CPI inflation rose to a 30-year high of 4.8% in December. That had a number of economists concerned, with many saying the...

Carol Cologna || January 11, 2022

Home Surtax Explored as Prices Continue to Rise

As new home prices marked the 20th consecutive month of growth, a new report backed by Canada’s housing agency called for a new annual tax to help address affordability. The...