Why oil prices are headwind to Canada’s housing market


Surprisingly, sentiment was lowest in Saskatchewan and Alberta, though that could change if oil prices remain high, said Sal Guatieri, senior economist at BMO Capital Markets. The outlook was gloomiest for transportation, agriculture, and manufacturing sectors.



Source link

  • Related Posts

    New Zealand’s Central Bank Set to Hold Rates and Stay in ‘Wait and See’ Mode

    “The choice is between hiking now and taking some risk that it would weaken the economy unnecessarily and not hiking now, which carries the risk that the rise in inflation…

    Ninja Creami vs. Alternatives: How Does It Compare?

    In 2023, my colleague and NBC Select reporter Zoe Malin tested and wrote a review of the Ninja Cream. This was back when it first launched and the appliance was…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Tim Hortons commits to hiring 10,000 local employees, scaling back on temporary foreign workers

    Tim Hortons commits to hiring 10,000 local employees, scaling back on temporary foreign workers

    Clarence B. Jones, Who Helped Shape ‘I Have a Dream’ Speech, Dies at 95

    Clarence B. Jones, Who Helped Shape ‘I Have a Dream’ Speech, Dies at 95

    Ferrari Luce Unveiled: Here’s The First Car From Jony Ive’s Design House

    Ferrari Luce Unveiled: Here’s The First Car From Jony Ive’s Design House

    Ultra-hard survival sandbox Kenshi passes 3 million copies sold, teases fans with ‘Kenshi 2 When?’ website

    Ultra-hard survival sandbox Kenshi passes 3 million copies sold, teases fans with ‘Kenshi 2 When?’ website

    7 Best Vitamins For Postpartum And Breastfeeding (2026)

    7 Best Vitamins For Postpartum And Breastfeeding (2026)

    Quebec removes sales tax from some groceries as part of wider affordability push

    Quebec removes sales tax from some groceries as part of wider affordability push