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Home sales in the Greater Toronto Area (GTA) were down year-over year in October,
05-NOV-25 TRREB
New listings were up. Market conditions continued to favour homebuyers, as average selling prices were negotiated down alongside lower mortgage rates.
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Real gross domestic product (GDP) contracted 0.3% in August
31-OCT-25 Statistics Canada
Flight attendants' strike impacts activity in some transportation subsectors. Wholesale trade sector down for the first time in four months. Mining, quarrying, and oil and gas extraction sector down for the first time in three months. Utilities sector contracts as worsening drought conditions weigh on hydroelectricity generation. Manufacturing sector contracts in August. Retail trade up on widespread expansions
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Bank of Canada lowers policy rate to 2.25%
29-OCT-25 Bank of Canada
Canada’s economy contracted by 1.6% in the second quarter, reflecting a drop in exports and weak business investment amid heightened uncertainty. Canada’s labour market remains soft. Employment gains in September followed two months of sizeable losses. Job losses continue to build in trade-sensitive sectors and hiring has been weak across the economy. The unemployment rate remained at 7.1% in September and wage growth has slowed.
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The Consumer Price Index (CPI) rose 2.4% on a year-over-year basis in September 2025
21-OCT-25 Statistics Canada
Smaller year-over-year decline in gasoline prices. September increase leads to smaller year-over-year decline in travel tour prices. Grocery prices rise at a faster pace compared with last year. Clothing prices decelerate year over year. Tuition fees rise at a similar pace in 2025 compared with 2024