Interest Rate Canada
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Inflation just took a ‘significant step away’ from the Bank of Canada’s 2% goalAugust's consumer price index figures mark the second consecutive month inflation has accelerated in Canada, even as grocery prices saw some relief.CanadaSep 19
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Why China’s economy is faltering — and how that might impact CanadaHopes 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.CanadaAug 22
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Upsizing buyers drove demand in Canada’s housing market this spring: Re/MaxCanadians 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.MoneyJul 19
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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.EconomyJul 18
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Interest rate hikes have returned. But don’t expect home prices to dropTwo 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.EconomyJul 13
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Another rate hike may be looming and Canadians worry they can’t keep upIpsos 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.MoneyJul 11
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More than half of Canadians $200 away or less from missing bill payments: MNPJust 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.MoneyJul 10
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A quarter of first-time buyers getting help to pay their mortgage, survey findsRoughly 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.MoneyJun 22
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Rate cuts could come by June 2024 — but government spending will play a role: CIBCThe 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.EconomyJun 12
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Bank of Canada tight-lipped on rate moves as calls grow to ‘crush’ inflationScotiabank's Derek Holt says the Bank of Canada might raise interest rates again in June following a surprise uptick in inflation in April.EconomyMay 18
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