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Ottawa's Parliament Hill, where the Carney government is rolling out Canada's largest fiscal stimulus package since 1980. / Photo: Unsplash. MoneySavings.ca  ·  Economy & Policy Monday, April 13, 2026  ·  Daily Edition Canada at a crossroads: oil shock, frozen rates, and a trade deal on the clock Canada's economy is navigating a uniquely complicated moment in 2026. A Middle East conflict has sent oil prices surging past US$104 a barrel, a once-in-a-generation fiscal stimulus package is being rolled out in Ottawa, and the clock is ticking on a renegotiation of Canada's most important trade agreement. For everyday Canadians, this means uncertainty at the gas pump, a central bank with limited room to cut rates, and a federal government betting big on public spending to kick-start growth. Here is what you need to know about the forces shaping the Canadian economy right now. 1. The Bank of Canada is stuck — and oil is why The Bank of Canada has held it...

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Canada’s Home Prices Expected to Rise in 2024

 

According to a recent survey by Royal LePage, the national aggregate home prices in Canada increased by 4.3% in the fourth quarter of 2023, with prices expected to continue to rise in 2024. The aggregative price of a home in Canada increased 4.3% year over year to $789,500.

This is good news for homeowners, but it also means that prospective homebuyers will have to pay more for their dream homes. The Canadian real estate market has been on an upward trend for several years, and this trend is expected to continue in 2024.

The Royal LePage House Price survey released on Monday projects that the aggregate price of a home in Canada will increase by 5.5% in the fourth quarter of 2024, compared to the same quarter in 2023.

The Canadian real estate market is expected to remain strong in 2024, with higher prices and increased demand for homes. This is great news for homeowners who are looking to sell their homes, but it also means that prospective homebuyers will have to be prepared to pay more for their dream homes.


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