BoC flags condo glut, Shelter costs hit young Canadians, Commercial market and central bank decision, More Great Chef 11.17 View in browser Bank of Canada flags condo glut as new drag on growth View web version | Forward to a colleague 04 May 2026 Top News Bank of Canada flags condo glut as new drag on growth Central bank warned housing slump and tariffs threaten Canada’s fragile recovery Shelter costs are stealing young Canadians' chance at a better life Housing crisis leaves younger Canadians falling behind Will GTA municipalities follow Vaughan's lead on slashing development charges? City bets fee holiday will revive construction and ease affordability pressures RBC sees Canada’s jobs engine steady even as labour pool thins Economists expect modest hiring to mask slowly improving conditions for individual workers International News Subprime borrowers still accessing mortgages as delinquency rates rise: TransUnion Recent subprime mortgages are deteriorating faster than pre-pandemic loans House prices defy gloom as resilient buyers offset weaker sentiment Amid global instability, trimmed rates and a steady Bank of England, brokers hail sturdy market Cynicism reigns as RBA prepares to deliver another rate hike Banking giants sour on Australia’s economic fortunes as base rate plots course to 4.35% RBNZ signals patience as core inflation holds steady Governor’s comments ease near‑term hike odds but risks remain for mortgage rates Want to change how you receive these emails?You can manage your preferences or unsubscribe.© 2026 KM Business Information Canada Ltd.317 Adelaide Street West, Toronto, ONPrivacy | Conditions of Use | About us | Contact us Share this Share on FacebookTweet on TwitterPlus on Google+
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