- Prior was 261.4K (revised to 253.1K
Housing activity propelled the Canadian economy for years
but those days are long gone. Housing is a stubborn drag on the economy and it’s going to take awhile to turn it around. There are pockets of strength but Ontario is a problem and it’s not clear that we’re at a bottom yet (though probably close).
This article was written by Adam Button at investinglive.com.