Interest rate cuts likely to be ‘gradual’ amid inflation risks: Bank of Canada
The Bank of Canada's governing council is in agreement that the eventual easing in interest rates will be 'gradual' amid outstanding risks for inflation.
Economy
Apr 24
Guelph Gryphons release football schedule for 2024 season
The Gyrphons open the season at home to Carleton on Aug. 24. The homecoming game is on Sept. 28 against Waterloo.
Sports
Mar 28
Inflation ticked higher in March. Are Bank of Canada rate cuts still in the cards?
Statistics Canada reported that the overall inflation in the country was 2.9 per cent year-over-year in March, up from 2.8 per cent the previous month.
Economy
Apr 16
Relief for Albertans? Bank of Canada expected to cut interest rates this summer: ATB
According to ATB's chief economist, consumers can expect some relief from rising interest rates this summer.
Economy
Apr 10
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
U.S inflation rises in March, could ‘undermine’ Fed’s confidence for rate cuts
U.S. consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday.
U.S. News
Apr 10
Giordano scores for late dad, Leafs top Caps 5-1
Mark Giordano wasn't sure he would get a chance to honour his late father under the NHL's bright lights.
Sports
Mar 28
Markets turn red after Fed official questions need to cut interest rates this year
Canada and U.S. markets ended the trading day in the red, reversing course mid-afternoon after spending the majority of the day higher.
Economy
Apr 4
TSX down almost 1% Friday, U.S. stock markets fall sharply as rate cut hopes wane
Canada's main stock index lost almost one per cent on Friday as the market saw broad-based weakness, while U.S. markets also fell.
Economy
Apr 12
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
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
After February’s inflation report, economists are firming up their rate cut bets
The annual rate of inflation cooled to 2.8 per cent in February despite rising gas prices, thanks in part to cooling at the grocery store, StatCan said.
Canada
Mar 19
U.S. rate cuts likely, but Fed’s Powell points to economic data as decision maker
U.S. Federal Reserve Chair Jerome Powell said while interest rate cuts were likely later in 2024, upcoming decisions on when and how fast would be based solely on economic data.
Economy
Mar 6
Bank of Canada says it’s ‘too early’ to cut rates. Here’s what to expect
The Bank of Canada held its benchmark interest rate at 5.0 per cent on Wednesday as Governor Tiff Macklem said it was 'too early' to cut rates.
Economy
Mar 6
Interest rate hold widely expected in BoC’s latest decision. Are cuts close?
The central bank is widely expected to continue holding its key interest rate at five per cent Wednesday, as many forecasters anticipate the first rate cut to come in around June.
Canada
Mar 4
Spring will be ‘pivotal moment’ for housing market, Royal LePage CEO says
More than half of would-be homebuyers indicated they’ve had to postpone their property search amid the central bank’s rapid tightening cycle.
Money
Feb 27
‘No urgency’ for Bank of Canada to cut rates as economy skirts recession
The slowdown in Canada's economy hasn't yet met the bar for a technical recession amid modest real GDP growth in the fourth quarter of the year, Statistics Canada says.
Economy
Feb 29
Toronto home sales up in February from last year as consumers eye rate cuts: TRREB
Greater Toronto home sales and listings were up in February from last year, but adjusted sales were down from a month earlier, the region's real estate board said Tuesday.
Canada
Mar 5
Variable or short-term fixed mortgage? Where experts see the ‘sweet spot’
Expectations for interest rate cuts from the Bank of Canada could make a variable mortgage an attractive proposition. Here's what experts say about the risks and possible rewards.
Money
Mar 13
