Interest Rate Canada

• Premiers’ ask for rate hold put Bank of Canada’s independence at risk: Macklem

  In a Sept. 13 letter, Tiff Macklem warned that instructions or requests from elected officials could give the impression that the Bank of Canada's independence is at risk.

  Canada

  Oct 24, 2023
  
• Inflation just took a ‘significant step away’ from the Bank of Canada’s 2% goal

  August's consumer price index figures mark the second consecutive month inflation has accelerated in Canada, even as grocery prices saw some relief.

  Canada

  Sep 19, 2023
  
• Advertisement
• Why China’s economy is faltering — and how that might impact Canada

  Hopes for a booming economic rebound from the COVID-19 pandemic have not materialized for China, leading some forecasters to slash growth expectations for the manufacturing hub.

  Canada

  Aug 22, 2023
• Advertisement
• Upsizing buyers drove demand in Canada’s housing market this spring: Re/Max

  Canadians who needed to upsize their home took advantage of the pause in interest rate hikes earlier this year, driving up sales activity in most markets, Re/Max says.

  Money

  Jul 19, 2023
• Inflation falls into the Bank of Canada’s target range. Are rate hikes done?

  Inflation has fallen back into the Bank of Canada's target range of one-to-three per cent, but some economists are warning that might not be enough to stave off future rate hikes.

  Economy

  Jul 18, 2023
• Interest rate hikes have returned. But don’t expect home prices to drop

  Two straight interest rate hikes from the Bank of Canada are expected to cool the national housing market but experts say not to expect price drops.

  Economy

  Jul 13, 2023
• Another rate hike may be looming and Canadians worry they can’t keep up

  Ipsos polling shows 71 per cent of Canadians are worried they can't keep up with the pace of rising interest rates as debt-servicing costs mount.

  Money

  Jul 11, 2023
• More than half of Canadians $200 away or less from missing bill payments: MNP  

  Just over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.

  Money

  Jul 10, 2023
• Advertisement
• A quarter of first-time buyers getting help to pay their mortgage, survey finds

  Roughly a third of Canadian first-time homebuyers have needed help from a family member to finance their entry into the housing market, new polling suggests.

  Money

  Jun 22, 2023
• Advertisement
• Rate cuts could come by June 2024 — but government spending will play a role: CIBC

  The Bank of Canada's job is being made harder by government spending plans and could keep interest rates higher for longer, according to a new report from CIBC.

  Economy

  Jun 12, 2023