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Governor Tiff Macklem indicated further cuts would be more gradual, a shift from previous messaging that continuous easing was needed to support growth.

The Bank of Canada delivered its second straight interest rate cut of half a percentage point on Wednesday, but signalled a slowdown in easing for 2025.

Even after a second consecutive 50-basis-point interest rate cut on Wednesday, some experts warn fixed mortgage rates in Canada will not move materially lower.

The CMBA-BC said Wednesday's decision is a crucial step in creating more affordability and stability for British Columbians in the housing market.

Rhys Mendes said in a speech on Tuesday that, even though many Canadians may be clamoring for lower prices, an extended decline would not be good for consumers.

The Bank of Canada is gearing up for its final interest rate decision of 2024. Here's what role a flagging Canadian dollar might play in the central bank's thought process.

The federal government has promised $250 rebate cheques in spring 2025, but the cash could mean at least one less interest rate cut.

The Bank of Canada is hoping the diverging interest rate will spur investment but it could take a few years to stabilize, which is affecting some of the economic outlooks.

Both RBC and National Bank of Canada reported a boost in their fourth-quarter earnings on Wednesday, powered in part by growth in their wealth management businesses.

The November jobs figures are the final major economic data release before the Bank of Canada makes its last interest rate decision of the year on Dec. 11.

Royal LePage predicts that the aggregate home price in Canada will rise six per cent by the end of 2025. Here's how the Bank of Canada could affect the housing market next year.

The Canadian economy underperformed the Bank of Canada's call for 1.5 per cent annualized growth in the third quarter, and per-capita GDP fell for a sixth consecutive quarter.

The Bank of Canada's Carolyn Rogers says improving housing affordability ultimately requires reaching a balance between supply and demand, which she says will take time.

Food banks across Canada are struggling to receive donations during their busiest time of the year as the ongoing Canada Post Strike halts mail cheques.

The Bank of Canada's governing council worried that the 50-basis-point rate cut would spark concern about the health of the Canadian economy, deliberations show.

Movements south of the border could have more of an impact on the rates Canadian homeowners and would-be buyers can secure in the market than the Bank of Canada's own rate cuts.

National Bank of Canada said in its report that the third quarter of the year marked the third consecutive improvement in housing affordability.

The Toronto Regional Real Estate Board says home sales in October surged as buyers continued moving off the sidelines amid lower interest rates.

Bank of Canada Governor Tiff Macklem said productivity has been a longstanding problem in Canada, which is a risk to GDP and can add to inflationary pressures.

The Bank of Canada has increasingly focused on the health of the economy as it crafts monetary policy, now that inflation has cooled back to its two per cent target.