Daniel Wong

Tim Orgill celebrates as Angus Sexton holes a crucial putt Thursday, March 17 saw the official launch of VPAR – the innovative live scoring system – in Asia.

Canada managed to add tens of thousands of jobs last month, but it added even more workers. Statistics Canada (Stat Can) data shows the country added a healthy 51k jobs in November. Unfortunately the rise in workers was significantly higher, leading to the highest non-pandemic unemployment rate since 2017. It's also getting harder to exit unemployment, with the agency noting 1 in 5 are now considered long-term unemployed.

Greater Vancouver real estate might be ready to wake from its slumber. Greater Vancouver Realtors, the board formerly known as REBGV, data shows the price of a typical home halted declines in November. Despite a 5-figure monthly decline just a few weeks prior, a sudden surge of sales helped to boost buyer sentiment. That sentiment […]

Canada's central bank announced another “supersized” rate cut this morning, as widely expected by the market.

Canadian real estate buyers may be disappointed by the lack of relief they got from a supersized rate cut.

The Canadian economy might not be doing great, but cheaper credit was enough for the real estate market.

Canada’s labor market just got another round of bad news from the national statistics agency. Statistics Canada (Stat Can) data shows job vacancies fell sharply in Q3 2024, but not due to a hiring boom this time. Employers are hiring for fewer roles, and the outright size of the country’s labor market has begun to […]

Canadian inflation slowed further last month, but the details show why few people may have felt it. Statistics Canada (Stat Can) data shows progress for the headline measure of the Consumer Price Index (CPI), which decelerated in November. The agency reported a broad-based slowdown, though half of the major components were still growing significantly above […]

The pandemic kicked off a Great Migration for Canadians, who fled expensive provinces for affordable housing.

Canada's economy continues to outperform, and received further revisions of prior data. Statistics Canada (Stat Can) data shows real gross domestic product (GDP) showed surprising growth in October, coming in 3x expectations as real estate returned as a driver. September data has also been revised to show double the growth originally reported, indicating the economy is much stronger than believed. However, this data is in direct conflict with most other economic indicators that reflect a more recession-like picture.