interest rate

• Food, shelter push inflation in Canada to 6.8% in April: Statistics Canada

  The annual rate of inflation rose to 6.8 per cent in April, with price hikes largely driven by rising food and shelter costs, according to Statistics Canada.

  Money

  May 18
  
• Bidding war no more: How to make an offer in Canada’s cooling housing market

  Housing markets in Canada are cooling down, giving some buyers a bit more negotiating power but complicating the question of how to bid on a home.

  Money

  May 14
  
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• U.S. Federal Reserve joins Canada in hiking interest rates 50 basis points

  The U.S. Federal Reserve on Wednesday joined other central banks in the world, including the Bank of Canada, in aggressively hiking interest rates to tamp down inflation.

  Economy

  May 4
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• Fixed or variable? How to pick a mortgage as interest rates rise

  Should you go with a variable or fixed-rate mortgage? Rising interest rates are changing the calculus for prospective home buyers, experts say.

  Money

  May 2
• Cryptocurrencies not a way to ‘opt out of inflation’: Bank of Canada official

  Cryptocurrencies are not a path for Canadians to avoid the impact of rising prices, a senior central bank official said on Monday, though the technology does show 'some promise.'

  Economy

  Apr 25
• Bank of Canada head won’t ‘rule anything out’ to tame inflation, including more rate hikes

  Bank of Canada governor Tiff Macklem said everything is on the table as he meets with world bank leaders in Washington, where the U.S. Federal Reserve is hinting at more hikes.

  Economy

  Apr 21
• Surging gas prices, Ukraine war pushed inflation to 6.7% in March: Statistics Canada

  The annual rate of inflation hit 6.7 per cent in March, up a full percentage point from its reading in February, Statistics Canada said Wednesday.

  Money

  Apr 20
• Home prices could rise 15% in 2022 despite efforts to cool market: Royal LePage

  Home prices in Canada will rise at a faster rate that first predicted, Royal LePage said Tuesday, as a strong spring market set the bar high for price growth in 2022.

  Money

  Apr 19
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• Bank of Canada hiked interest rates to ‘forcefully’ tame inflation. Will it work?

  The Bank of Canada took a big step in raising interest rates on Wednesday, but how long will it take before rampant inflation starts to cool off?

  Economy

  Apr 13
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• Bank of Canada interest rate hike: How it connects to inflation, job market

  As the Bank of Canada hikes interest rates to 1.0 Here's what to know about the connection between the interest rates, inflation and the job market.

  Economy

  Apr 13