As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well. Continue reading
A growing number of Canadians are worried rising interest rates could impact their ability to repay their debts, according to a new poll. Continue reading
Despite uncertainty about U.S. trade policy, Canada’s central bank is still thinking of raising rates in a not-so-distant future. Continue reading
For now, though, the economy is chugging along, leading the bank to up its growth forecast for 2017 and 2018. Continue reading
The Bank of Canada is putting the brakes on key interest rate hikes, for now. Continue reading
In a speech today, governor Stephen Poloz says many unknowns and external risks remain, even though the economy had a surprisingly powerful start to the year. Continue reading
Saskatchewan residents carry the second highest amount of consumer debt, so what does an interest rate increase me for future payments? Continue reading
Economists worry about the potential impact of a strong currency on exports. Continue reading
The move raises borrowing costs for Canadians on anything from mortgages to lines of credit. Continue reading
Strong economic growth could prompt a second hike sooner than expected, some economists say. Continue reading