Bank Of Canada

• Canada’s inflation rate rose to 2 per cent in October

  Canada’s inflation rate rose to two per cent in October, up from the 1.6 per cent for September, Statistics Canada said on Tuesday morning.

  Canada

  Nov 19
  
• Bank of Canada official warns about dangers of ‘tinkering’ with mortgage rules

  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.

  Money

  Nov 6
  
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• Greater Toronto home sales jump in October after Bank of Canada rate cuts: board

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

  Canada

  Nov 6
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• Bank of Canada worried jumbo rate cut would send sign of ‘economic trouble’

  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.

  Money

  Nov 5
• With inflation cooling and wages growing, why are Canadians still feeling strained?

  The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation's economy is doing a lot better. 

  Money

  Nov 5
• Mortgage delinquencies rising with Canadians in ‘fragile financial state’

  Canadians continue to make payments on their mortgages, but there are signs of stress bubbling up on other credit products, which CMHC warns could continue to spread to home loans.

  Money

  Nov 4
• Shopping for mortgage rates? Keep an eye on the U.S. election

  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.

  Money

  Oct 31
• Breaking a mortgage can be costly as rates fall. How to lessen the penalty

  With lower interest rates available in the mortgage market, some Canadians might be considering a move or refinance. Here's what to know about penalties for breaking a mortgage.

  Money

  Oct 26
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• Bank of Canada head says ‘shock-prone world’ shows need for productivity

  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.

  Canada

  Oct 25
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• Okanagan real estate takes step towards balance after Bank of Canada’s interest rate cut

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

  Canada

  Oct 23