Interest Rate

• Some fixed mortgage rates are up despite hints of Bank of Canada cuts. Why?

  Some fixed mortgage rates are rising in the Canadian housing market, experts say. Here's why, and what it means for homebuying hopefuls this spring.

  Money

  Apr 15
  
• Bank of Canada holds key rate, but signals June cut in ‘realm of possibilities’

  The Bank of Canada maintained its key interest rate at five per cent on Wednesday amid recent declines in the annual rate of inflation.

  Economy

  Apr 10
  
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• Spring housing market looms over the Bank of Canada’s rate decision. Here’s why

  The Bank of Canada itself has warned a hot spring housing market could 'stoke' inflation. Here's what economist say those fears mean for the central bank's rate decision Wednesday.

  Economy

  Apr 9
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• ‘Robust’ GDP growth to start 2024 puts Bank of Canada in tough spot: economists

  Statistics Canada pointed to a rebound in the public sector, tied largely to the end of strikes in Quebec, as driving economic growth in January.

  Economy

  Mar 28
• Weak productivity is an economic ‘emergency,’ Bank of Canada warns

  Bank of Canada senior deputy governor Carolyn Rogers gave a speech in Halifax on Tuesday in which she sounded the alarm on Canada’s flagging productivity rates.

  Economy

  Mar 26
• Drop the mortgage stress test at renewal, competition watchdog urges Ottawa

  The Competition Bureau is urging the federal government to waive the mortgage stress test for all borrowers at renewal, arguing it can help Canadians get a better rate.

  Money

  Mar 21
• Inflation drop is ‘very encouraging’ but ‘it’s one number’: BoC official

  A senior official at the Bank of Canada says the February inflation figures were 'very encouraging' to the central bank, but that's not all policymakers are watching.

  Economy

  Mar 21
• U.S. Federal Reserve says 3 interest rate cuts still expected despite high inflation

  Chair Jerome Powell said the surprising pickup in inflation in January and February hadn't fundamentally changed the Fed's picture of the economy.

  Money

  Mar 20
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• Rate cuts could be in the cards for 2024, but BoC sees housing market as a risk

  The Bank of Canada's governing council says the conditions for interest rate cuts should materialize this year, but the housing market is a risk to the inflation outlook.

  Money

  Mar 20
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• It’s the best time of year to negotiate your mortgage rate. Here’s how

  Now is one of the best times of the year to get lenders competing for your mortgage, experts say. Here's what you need to know to negotiate a better deal.

  Money

  Mar 16