War with Iran has halted a hard-won improvement in housing affordability. The problem is rising mortgage rates on the back of worries that the energy crisis will stoke inflation. Read more in today's Markets A.M. newsletter:

Canada’s economy unexpectedly shrank for a second consecutive quarter with a dip in activity to start the year as exports faltered but imports rose and […]

Demand for labor is back. Some economists speculate that immigrants are rejoining the workforce, boosting the labor supply. Source link

The latest budget contains tentative steps toward long-awaited economic reform, while providing cost-of-living relief and boosting fuel security as the Iran war threatens international supply. […]