9/12/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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One of the country’s biggest lenders says the Bank of Canada will accelerate the pace of monetary easing in order to stave off recession.

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  9/4/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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The Bank of Canada has cut its policy rate by a further 25 basis points in its September decision, marking a third consecutive move to bring rates lower.

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  9/3/2024 | Posted in Interest Rates by Joan Beal
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The Bank of Canada is widely expected to deliver a third consecutive interest rate cut on Wednesday as inflationary forces continue to cool on both sides of the Canada-United ... More

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  8/20/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Inflation is continuing to ease, leaving the door open to another Bank of Canada rate cut in September, economists say.

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  8/7/2024 | Posted in Canadian Economy and Housing Market by Joan Beal
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The Bank of Canada sees less risk of housing market overheating due to affordability issues.

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  8/3/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Markets are betting the Bank of Canada will cut at each of its remaining interest rate decisions this year as the labor market in the U.S. looks to be loosening faster than ... More

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  7/26/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Borrowers may have welcomed recent rate cuts from the Bank of Canada, but TD Bank and CIBC predict an additional 175 bps cut by the end of 2025, lowering the overnight rate to ... More

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  7/24/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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The Bank of Canada cut its benchmark interest rate by a quarter of a percentage point on Wednesday, the second straight reduction in the central bank’s easing cycle.

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  7/16/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Experts speculate the Bank of Canada may cut rates next week following a larger-than-expected slowdown in the country’s inflation rate in June.

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  6/23/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Economists are forecasting inflation slowed further in May, which would be welcome progress for the Bank of Canada after it cut its key lending rate for the first time in four ... More

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  6/19/2024 | Posted in Mortgages and Real Estate by Joan Beal
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The Bank of Canada's governing council thought about waiting until July to lower interest rates but ultimately decided to cut earlier, the central bank's summary of ... More

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  6/19/2024 | Posted in Mortgages and Real Estate by Joan Beal
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The Bank of Canada’s top decision-makers expressed concerns before announcing this month’s interest rate cut, fearing that the rate relief could potentially ... More

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  6/5/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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The Bank of Canada has cut its overnight rate by 25 basis points, a move not seen since the beginning of the pandemic.

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  5/21/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Canada's headline inflation rate continued to ease in April, leaving the door open to a Bank of Canada rate cut next month.

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  5/2/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Economic stagnation prompts the Bank of Canada to plan a rate cut in June, contrasting with the US Federal Reserve's strategy

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  4/30/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Canada’s quarterly gross domestic product edged up 0.2% in February, suggesting the Bank of Canada may have a reason to cut rates in the summer.

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  4/18/2024 | Posted in Home Buyers by Joan Beal
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As variable-rate mortgage holders eagerly anticipate the Bank of Canada’s first rate cut, fixed rates are heading in the other direction: up.

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  4/10/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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The Bank of Canada (BoC) today announced its key interest rate decision, electing to hold rates steady at five per cent.

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  4/8/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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The Bank of Canada is widely expected to keep its key overnight rate on hold Wednesday, as it gathers more evidence of cooling inflation before delivering its first interest ... More

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  4/3/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Economists question their forecasts as inflation expectations challenge anticipated rate cuts

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  3/19/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Economists widely expect central bank to start cutting rates in June

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  3/13/2024 | Posted in Mortgages and Real Estate by Joan Beal
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The Canadian mortgage space is already seeing some rates on offer decline heading into the spring market, despite no clear indication yet from the Bank of Canada that interest ... More

Real Estate & Mortgage News

  3/9/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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The Bank of Canada elected to hold interest rates steady at 5 per cent.

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  3/4/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate ... More

Real Estate & Mortgage News

  2/28/2024 | Posted in Interest Rates by Joan Beal
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Could Canada’s headline inflation rate reach the neutral target of 2% by this summer, a full year sooner than the Bank of Canada’s own forecasts?

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  2/20/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Canadian consumer prices eased at the start of this year, with progress on underlying pressures likely to give the Bank of Canada more room to start considering rate cuts in ... More

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  2/10/2024 | Posted in Interest Rates by Joan Beal
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BoC's cash-management tool reboot suggests no easing on the horizon, surprising markets

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Real Estate & Mortgage News

  2/9/2024 | Posted in Canadian Economy and Interest Rates by Joan Beal
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Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More

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