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One-in-Three Canadians Expect Bank of Canada to Begin Interest Rate Cuts in June

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2 years ago

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Two-thirds say lower interest rates will have a positive impact on their financial wellbeingNearly 40% have delayed a major purchase in the past year due to high interest rates; more than two-in-five plan a significant purchase once interest rates begin to declineTwo-in-five Canadian mortgage holders plan to refinance their home mortgage once interest rates begin to declineHalf of current renters, including seven-in-ten 18-34 year olds, believe lower rates will make it more likely that they buy a home in the future

TORONTO, May 30, 2024 /CNW/ – High interest rates have had a significant impact on the financial wellbeing of Canadians for over a year, with many calling for immediate rate cuts. While one-third (32%) of Canadians expect the Bank of Canada to begin dropping rates on June 5, even more (42%) believe there will not be a cut announced this time around.

According to the findings of the Dye & Durham’s Canadian Pulse Report for Q2 2024, a survey of more than 1,500 Canadians on trends in the economy, technology and real estate market conducted via the online Angus Reid Forum, two-thirds (65%) of Canadians say lower interest rates will make a meaningful, positive impact on their personal financial wellbeing. Nearly two-fifths (38%) have held off on making a major purchase in the past year due to high interest rates. Among the 42% who expect to make a major purchase once rates begin to decline, more than half (57%) intend to wait for significant cuts before spending on larger items.

“It’s clear that higher rates have done their job, cooling consumer spending significantly and helping to bring inflation down to much more manageable levels,” says Martha Vallance, Chief Operating Officer, Dye & Durham. “Consumers have said they’re ready to start spending again and are just waiting for the Bank of Canada to make its move, though few should expect rates to return to where they were before. Industries like real estate, automotive sales, construction and more – along with those industries that play critical roles in supporting them – should take note and prepare for a fast-moving market once meaningful cuts are made.”

Most Canadians say they believe lower interest rates will make it more affordable for them to purchase or put money towards expenses like mortgage costs (81%), the purchase price of a new home / property (70%), the sale price of an owned home / property (66%), home renovations (65%), and personal / emergency savings (58%) or RRSP / retirement savings (48%). For those that are already planning a major spend once rates begin to decline, the most common purchases are a new car (15%), a new home / primary residence (14% overall, 24% for renters) or a significant home renovation project (12%). 

High-rate mortgage renewals could lead to a wave of refinancing later this year
Many Canadian homeowners that have had to renew their mortgages in 2023 and 2024 have been stretched by the current high interest rate environment – with some seeing their monthly mortgage payments skyrocket by thousands of dollars. More than two-in-five (41%) of Canadians with a home mortgage say they plan to refinance once rates begin to decline with Albertans (58%) in particular seeing this as a way to reduce monthly expenses.

Renters are also closely monitoring the Bank of Canada’s decision, seeing lower interest rates as a glimmer of hope in their efforts to enter the housing market. Nearly three-in-five (57%) say lower rates will make it easier for them to buy a home in the future with nearly as many (50%) saying lower rates will make it more likely that they’ll be able to buy a home in the future.

For younger Canadians (18-34), a significant number say lower rates will make it easier to afford the purchase price of a new home (76%) and more likely (70%) that they will eventually be able to so.

The number of Canadians planning to sell their primary residence and move to a new one in the next twelve months has remained unchanged from Q1 2024 and Q4 2023 with 12% saying this is currently in their plans. However, slightly fewer (16%, down from 18% in Q1 2024) are planning to wait until sale prices increase before selling their house or property.

Consumer comfort with the use of AI in skilled services takes a hit in Q2
Artificial intelligence (AI) continues to be top-of-mind with many Canadians. However, the number of consumers expressing discomfort with skilled service providers like doctors, lawyers, financial advisors and insurance brokers using AI increased over the past quarter.

Nearly two thirds (63%) say they are uncomfortable with doctors / medical providers and lawyers / notaries using AI to support/conduct their services, up from 62% and 61% respectively in Q1 2024. More than half also say the thought of investment, financial or tax advisors (58%), insurance brokers (55%), mortgage brokers (54%) and real estate agents / brokerages (52%) using AI makes them uncomfortable.

“It’s clear that there is still a very large education piece that skilled service providers need to be mindful of to help their customers get fully on board with AI,” says Scott Bleasdell, Chief Product Officer, Dye & Durham. “The average Canadian still wants to know that a human is involved in the process, even if AI is doing a lot of the heavy lifting. Transparency about how AI is and isn’t being used and the benefits it provides to the client will be critical in helping legal professionals and other skilled service providers foster widespread acceptance of AI use in their offerings.”

About the Survey
Conducted quarterly, the Dye & Durham Canadian Pulse Report is designed to uncover trends and insights into Canadian sentiment surrounding three key areas: the economy, technology and the real estate market. The findings of the report are the result of a survey conducted by Dye & Durham from May 7-9, 2024 among a nationally representative sample of n=1,516 Canadians who are members of the online Angus Reid Forum, balanced and weighted on age, gender, region and education. For comparison purposes only, a probability sample of this size has an estimated margin of error of +/- 2.5 percentage points, 19 times out of 20. The survey was offered in both English and French.

About Dye & Durham Limited
Dye & Durham Limited provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, Australia, and South Africa. Additional information can be found at www.dyedurham.com.

SOURCE Dye & Durham Limited

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Caldwell Cassady & Curry Trio Named Among Best Lawyers in Dallas for Intellectual Property, Business Disputes

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April 27, 2026

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DALLAS, April 27, 2026 /PRNewswire/ — Accomplished trial attorneys Brad Caldwell, Jason Cassady, and Daniel Pearson from the Dallas intellectual property and business law firm Caldwell Cassady & Curry have earned spots on the 2026 list of The Best Lawyers in Dallas published by D Magazine.

The Caldwell Cassady & Curry principals earned spots in the guide following the firm’s two multimillion-dollar trial wins in 2025 that were among the largest in Texas and nationally.

Last fall, an eight-member jury in the U.S. District Court for the Eastern District of Texas awarded the firm’s clients at Collision Communications a $445.5 million verdict against Samsung for infringing a series of patents covering mobile network communications.

Mr. Caldwell served as lead counsel in the trial that ended with the year’s third-largest jury award in Texas, the sixth-largest overall in the U.S., and the second-largest among all U.S. patent infringement cases tried to verdict.

The result was recognized as an Impact Case of the Year at the recent Managing IP Awards in New York, along with Caldwell Cassady & Curry as the Patent Disputes Firm of the Year (South) and Mr. Caldwell as Patent Litigator of the Year (South) for his work in the Samsung case and the firm’s other significant trial win against social media powerhouse Twitter.

A jury of five women and three men in the U.S. District Court for the Northern District of Texas found the company known as X Corp. liable for infringing a key patent covering online video technology. The Dallas trial court entered a judgment of nearly $173 million against Twitter in November.

The D Magazine Best Lawyers in Dallas rankings are based on peer nominations from thousands of licensed North Texas attorneys who recommend colleagues they have personally observed in court. An anonymous panel of esteemed local lawyers and the magazine’s editorial staff conducts a final background check before announcing the honorees.

Caldwell Cassady & Curry represents companies and individuals in high-stakes civil litigation, including patent infringement, trade secrets, fiduciary duty, class action, and company-founder disputes. The firm has tried and won some of the nation’s top verdicts against the largest companies in the world. Learn more about the firm at www.caldwellcc.com.

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SOURCE Caldwell Cassady & Curry

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Ted Kangaroo Launches Inaugural Advisory Council to Advance Sensory-Support Innovation and Create Community

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April 27, 2026

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Brings Together Leading Experts in Child Development, ADHD, Autism and Neurodiversity

CHICAGO, April 27, 2026 /PRNewswire/ — Ted Kangaroo, the sensory-support brand known for creating playful, functional tools that help children regulate, focus and thrive, is proud to announce the formation of its Advisory Council. The Advisory Council brings together an initial core group of respected experts in child development and neurodiversity, and includes nationally and internationally recognized practitioners, authors, and educators ranging from occupational therapists with decades of pediatric experience to psychologists and psychiatrists specializing in ADHD, autism and mental health.

The Advisory Council will help guide product development and offer feedback on function and application, including best practices as neurodiversity research and science evolves. The Council will also provide insights into how Ted Kangaroo is being used in real-world settings so that the brand can continue to offer products that are tailored to the specific needs and habits of its users. Through ongoing collaboration, council members will offer feedback on product upgrades and new product launches, helping ensure that Ted Kangaroo’s growing line reflects evolving methodologies in sensory support.

“Creating products that genuinely support children starts with listening to the experts who work with them every day,” said Jacob Fisch, CEO and Founder of Ted Kangaroo. “We are so grateful to the practitioners that make up the Advisory Council. Each brings extensive clinical expertise and real-world insight into how children and adults learn, regulate and engage with their environments, which ensures that Ted Kangaroo remains clinically grounded, practical and truly beneficial for the families and professionals who rely on them.”

Collectively, the Advisory Council’s expertise spans sensory integration, neurodevelopment, family therapy and clinical education. The initial Ted Kangaroo Advisory Council includes:

Lindsey Biel, OTR/LKimberly Bradley, MS, LOTRApril Christopherson, OTR/LHeidi Clopton, OTR/LDr. Alan Fisch, MDDr. George Hu, PsyDDr. Ari Tuckman, PsyD, MBA

With the launch of the Advisory Council, Ted Kangaroo is making strides towards becoming the most impactful community of clinicians, educators and experts throughout America, providing a platform where teachers, clinicians, and parents can connect and support one another for the benefit of the broader neurodiversity community. Additionally, Advisory Council members will contribute to educational initiatives and thought leadership that further expands awareness around sensory development and neurodiversity, strengthening Ted Kangaroo’s role as a trusted informational resource for families, educators and clinicians.

“We believe that every child experiences the world differently, and that sensory tools should be both clinically informed and approachable,” adds Fisch. “By collaborating directly with leading professionals, we hope to continue translating complex sensory science into clear, accessible solutions that support regulation, independence, and long-term skill-building. Our goal is to, over time, expand the Advisory Council to more professionals, and ultimately become an extensive resource hub for anyone looking to learn more about sensory-support tools and innovation.”

Ted Kangaroo intends to continue growing the Advisory Council with the longer term goal of onboarding experts that will form the broader Ted Kangaroo Advisory Network. To learn more, please visit www.ted-kangaroo.com.

ABOUT TED KANGAROO
Ted Kangaroo is a sensory-support brand creating playful, functional tools that help nurture and support children so they can reach their full potential. Developed in collaboration with pediatric therapists, Ted Kangaroo products translate sensory science into accessible, everyday solutions for families, educators, and clinicians. From calming vests to tactile activity tools, each product blends gentle therapeutic support with joyful design—encouraging calmness, focus, and body awareness. More than a product line, Ted Kangaroo is a trusted partner in helping children build essential skills, navigate daily routines, and grow with confidence. Learn more at ted-kangaroo.com.

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SOURCE Ted Kangaroo

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Inhabit’s Razz and Anyone Home Partner with Engrain to Streamline Fee Consistency for Multifamily Properties

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April 27, 2026

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Partnership enables Razz and Anyone Home customers to use Engrain to augment their fee data across lead-to-lease touchpoints

KNOXVILLE, Tenn., April 27, 2026 /PRNewswire/ — As part of Inhabit’s ongoing commitment to providing industry leading innovation through inhouse and partnerships, Razz, the multifamily industry’s premier website and digital experience platform, and Anyone Home, the residential industry’s leading prospect-centric customer engagement and leasing intelligence platform, today announced a partnership with Engrain to advance fee clarity across multifamily marketing and leasing. Through the collaboration, Razz and Anyone Home will gain access to Engrain data and fee calculating technology to provide renters with an additional way to see clear pricing throughout the leasing process.

Inhabit’s Razz and Anyone Home Partner with Engrain to Streamline Fee Consistency for Multifamily Properties

Operators face a growing challenge in managing and disclosing fees consistently across all lead channels and leasing communications. This partnership means that for properties using Engrain, all fee data will flow seamlessly into Razz-powered websites and Anyone Home’s CRM, Contact Center and AI Leasing Assistant solutions — enabling consistency across these engagement channels.

“Our goal is to provide operators efficient and scalable ways to clearly communicate all costs associated with renting in all prospective renter touchpoints,” said Craig Maness, VP of leasing & marketing at Inhabit. “This partnership helps our customers bring greater fee clarity into their digital front door with Razz — and through the lead-to-lease workflows powered by Anyone Home.”

“Fee transparency is now a baseline expectation in multifamily, and operators are prioritizing solutions that deliver consistency, accuracy and clarity in cost communication,” said Brent Steiner, founder and CEO of Engrain.

To learn more about this exciting partnership, contact Anyone Home or Razz.

About Razz

Razz by Inhabit builds high-performing multifamily websites combining bold designs, smart technology and real partnerships. Powered by a scalable platform built for marketers, not developers, Razz-powered sites launch fast, boost SEO and accessibility, and give your team tools to save time and lease more.

About Anyone Home

Anyone Home by Inhabit helps property teams lease faster and smarter with the CRM, Leasing Assistant and Contact Center solutions that blend technology, automation, and Hybrid Intelligence (HI = Human + AI) to deliver personalized multichannel leasing experiences that reduce costs, improve conversion, and create property efficiencies.

About Inhabit

Inhabit is a global PropTech software company serving over 5 million units in the residential and short-term rental property management industries. Our 1,500+ team members drive strategic partnerships, deliver best-in-class software solutions and services, and foster innovation and collaboration across software, payments, and insurance. Learn more at www.inhabit.com.

About Engrain

Engrain’s mission is to fundamentally transform the way people find, lease and manage property. A recognized leader in next-generation interactive touring technology and map-based data visualization software, Engrain’s advanced integrations and technical flexibility offer solutions for any multifamily technology stack. Clients use Engrain products to engage prospects and residents, analyze and improve operating performance and increase NOI through operational efficiency. For more information, visit www.engrain.com. 

Media Contact

Josh Phillips
VP, Marketing
Press@Inhabit.com

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SOURCE Inhabit

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