The increase is driven by the construction of new multi-unit housing, up 87 per cent in June 2024 compared to June 2023. Housing construction seems to have finally taken off in Quebec, after a long period of decline and stagnation. Using data published Tuesday by the Canadian Mortgage and Housing Corp. (CMHC), the Association des professionnels de la construction et de l’habitation du Québec...
Good afternoon. I want to thank the Institute of International Finance and the Canadian Bankers Association for inviting me to take part in your 2024 Forum. Your focus on growth during uncertainty is timely. Uncertainty feels like the new reality: The uncertainty caused by war in Europe and in the Middle East. The uncertainties arising from geopolitical tensions and economic fragmentation. And the...
The Bank of Canada lowered its key interest rate by 25 basis points on Wednesday and opened the door to bigger cuts if the economy slows more sharply in the months ahead. The third consecutive rate cut was widely expected by economists and brings the central bank’s benchmark interest rate to 4.25 per cent. Wednesday’s decision marks the first time since the global financial...
Le gouvernement Legault envisage d’imiter Ottawa et d’augmenter l’impôt à payer sur les gains en capital. Hausse de l’impôt sur le gain en capital pour les plus riches Les Canadiens les plus fortunés devront bientôt payer plus d’impôts. Actuellement, les gains en capital sont imposés à hauteur de 50 %. À compter du 25 juin prochain, les gains qui dépassent la barre des 250 000 $ seront...
Compare listings
Compare