Day: June 18, 2025

Ontario’s Economy: Challenges, Tariffs & Growth

Ontario’s economy is currently navigating a challenging period, despite receiving the largest provincial fiscal support package in Canada, totaling about 1.5% of its GDP for the 2025 budget. With the economic environment cooling, it’s becoming increasingly likely that businesses will need to access some of this funding. Softening Job Market Ontario’s job market has weakened […]

Canada’s housing market finds a footing in May

RBC’s latest economic report indicates that Canada’s housing market began to find a footing in May, showing initial signs of stabilizing after a period of uncertainty. This follows a broader de-escalation of trade tensions. Key Highlights from May: Resales: Home resales increased for the second consecutive month, rising by 3.6% in May. This marked a […]