A rally that put stocks on the brink of all-time highs sputtered and bond yields rose as euphoria around Federal Reserve rate cuts eased ahead of a key inflation reading.

Treasuries jumped and traders added to bets on a September interest-rate cut after Federal Reserve Chair Jerome Powell indicated a reduction may be warranted to support the labor market.

Canadian retail sales are set to decline after a weak second quarter, capturing a slowdown in consumption spending amid elevated trade uncertainty and slowing population growth.

British Columbia has set new housing targets for a group of 10 more municipalities with the goal of meeting housing demands in the province.

Canada’s housing market is expected to stabilize, but RBC warns prices will edge lower into 2026 as Ontario and B.C. grapple with excess supply.

U.S. President Donald Trump and Canadian Prime Minister Mark Carney had a “wide-ranging conversation” Thursday that included trade and the war in Ukraine, according to Carney’s office.

Mortgage Professionals Canada has partnered with Habitat for Humanity Canada, pledging $200,000 and volunteer support to help build homes across the country.

The rent-versus-buy debate has long divided financial experts and aspiring homeowners, with no clear winner in sight.

Ontario is planning to make changes to a housing fund for municipalities that many have said unfairly measures their progress on building, the minister signalled in a speech Tuesday.

Inflation eased slightly in July, but core measures remain sticky, leaving economists doubtful the Bank of Canada will change course in September.