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flag Canada's housing starts rose 4.5% in February 2026, signaling a gradual recovery amid low rates and strong demand, while inflation eased to 1.8%.

flag Canada's housing starts rose 4.5% in February 2026, marking the second consecutive monthly increase and signaling a gradual recovery in residential construction. flag The gain, driven by both single-family and multi-unit projects, follows steady demand, low mortgage rates, and population growth, though high costs and labor shortages remain challenges. flag Meanwhile, inflation eased to 1.8% in February, down from a higher rate a year earlier, with core inflation also slowing, suggesting persistent but declining price pressures. flag The Bank of Canada kept its key interest rate at 4.5%, with further cuts expected only if inflation continues to trend toward the 2% target.

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