Bonnie Barnes-Tracey Advisory Group

06/06/2026

Mortgage affordability in Canada continues to be a concern, with new data showing that higher interest rates and elevated home prices are making it more difficult for many Canadians to enter the housing market.

As a result, buyers are facing increased financial pressure and may need to adjust their expectations.

In 11 out of Canada's 13 major cities, it became harder to be able to afford a mortgage in February, a new report by Ratehub.ca has found.

06/05/2026

Eurozone retail sales figures released yesterday by Eurostat point to a consumer slowdown in April, adding to a difficult week of economic data for the region. Higher energy costs tied to the conflict in the Middle East may be squeezing household budgets and dampening spending appetite.

06/05/2026

Staying active in midlife may do more than improve day-to-day energy levels. New research suggests better cardio fitness could also be linked to healthier aging and a longer life expectancy, even through simple habits like walking more often or getting outside regularly.

Read more here: https://bit.ly/4x6Dl9b

People younger than 65 with higher scores on a treadmill test lived longer and with fewer diseases, a study showed.

06/04/2026

Young Canadians are increasingly seeking jobs that offer flexibility, meaningful work, and opportunities for growth, according to a new survey. Employers who prioritize work-life balance and professional development are more likely to attract and retain top young talent.

Larger businesses are more likely to use multiple recruitment methods compared to smaller firms, a new survey by the Canadian Federation of Independent Business said.

06/04/2026

Yesterday’s ADP National Employment Report showed that US private sector hiring gained momentum in May, adding to a growing body of evidence that the US labour market is remaining resilient despite elevated inflation and ongoing geopolitical uncertainty.

06/03/2026

Experts are saying that Canada needs its own solutions to keep our data safe and under Canadian control. It’s important for both businesses and individuals to take steps to protect their digital information.

If you have questions or need help, please reach out, we’re here to support you.

Read more here: https://bit.ly/4o7TEy5

There are some Canadian companies working in the industry to keep Canadian data squarely in Canada.

06/03/2026

Eurostat, the statistical office of the European Union, released its latest flash estimate of euro area inflation, showing that prices continued to rise in May. The ongoing conflict in the Middle East is keeping energy costs elevated across Europe, pushing overall inflation higher and putting pressure on consumers and policymakers alike.

06/02/2026

At the end of May, Statistics Canada announced Canada’s gross domestic product (GDP) shrank in the first quarter of 2026. Due to the contraction in the fourth quarter of 2025, Canada’s economy fell into a technical recession, which is marked by two consecutive quarters of falling economic growth.

Canada’s economy is feeling the impact of trade and geopolitical tensions, which is also clouding the outlook. Canadian households and businesses are facing headwinds from surging prices and lower confidence. Here are more details from Canada’s first quarter GDP report.

06/02/2026

Experts are becoming more optimistic about the Canadian dollar as global tensions ease. With less geopolitical risk, the loonie is expected to strengthen in the near future.

The Canadian dollar is expected to give back some recent gains against its U.S. counterpart in the coming months, but could resume its uptrend if economic uncertainty linked to the Middle East war and U.S. tariffs eases, according to a Reuters poll.

06/01/2026

Last Friday, Statistics Canada (StatsCan) reported that Canada’s economy fell into a technical recession after contracting for a second straight quarter in the first quarter of 2026. The results suggest Canada’s economy has come under pressure amid trade, geopolitical tensions and higher prices.

This week, we will get some insight into Canada’s labour market, another area that is being challenged and weighing on overall growth. Looking abroad, investor attention continues to be on the negotiations of a peace deal between the US and Iran. Here are some key scheduled economic announcements to watch for this week.