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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.

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.

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.

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 is set for another interest rate decision on Wednesday. Here's how economists view the odds of another rate cut, and how much the policy rate could drop.

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

The Bank of Canada slashed key interest rates by half a percentage point, leading some experts to say this could spur movement in Canada's 'sluggish' housing market.

As anticipated, rates are being slashed by half of a percentage from 4.25 per cent to 3.75 per cent.

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.

Wednesday’s decision is the fourth consecutive drop in interest rates since June and is the Bank of Canada's largest rate cut since 2009, outside the COVID-19 pandemic.

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.

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

The Calgary Chamber of Commerce says a half-percentage interest rate cut by the Bank of Canada is great news for the economy.

For now, the Bank of Canada is shifting away from preparations for a possible central bank digital currency amid the lack of a 'compelling case' for the technology.

The return to two per cent inflation and forecasts for more interest rate cuts are being hailed as good news, but economists warn there's more to the picture.

Ripple effects from the U.S. Federal Reserve's half-point rate cut on Wednesday are already being felt in Canada, according to experts.

Bank of Canada governor Tiff Macklem says the health of the labour market is one consideration feeding into the central bank's interest rate decisions.

Deliberations from the Bank of Canada's latest interest rate cut show a rebound in the housing market could play spoiler for the pace of rate cuts going forward.

Food Banks Canada CEO Kirstin Beardsley says food banks are being pushed to 'the brink' and low-income Canadians need help immediately.

Annual inflation cooled to two per cent in August, achieving the Bank of Canada's two per cent target for the first time since early 2021.