With Canada’s economy in “decent shape,” CIBC economists say the Bank of Canada has the “luxury of waiting a bit more” on rate cuts, with an election at the end of April that will help determine how the trade war plays out.

Many buyers are in no mood to be decisive because they figure the economic uncertainty will lead to downward pressure on prices, says Robin Pope, a broker at Pope Real Estate

The Conference Board of Canada forecasts a period of economic disruption as trade tensions between Canada and the United States lead to job losses and declining exports. According to a report covered by BNN Bloomberg,

Ottawa has yet to announce any tariffs on U.S. imported vehicles due to reported concerns over how it could further hinder Canada’s economy. Though there are some $95 billion worth of U.S. goods ...

Canada’s unemployment rate climbed to 6.7 per cent in March, up from 6.6 per cent the month before, as the economy lost 33,000 jobs ... in jobs during March falling well short of consensus forecasts for a 10,000 gain,” Andrew Grantham, an economist ...

President Donald Trump's global trade war and federal spending cuts — as well as his threat of cutting funds to Maine — have state officials preparing for slowing economic growth and rising unemployment.

Tariffs and bad weather in the first three months of the year weighed on resales and prices in Canada, but a new report from TD predicts conditions will improve for the remainder of 2025. TD Economics released its provincial housing outlook in late March noting that the threat of tariffs from the United States and bad winter weather caused average prices to fall about four per cent and sales to decline 10 per cent in the first three months