interest rate
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Food, shelter push inflation in Canada to 6.8% in April: Statistics CanadaThe 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.MoneyMay 18
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Bidding war no more: How to make an offer in Canada’s cooling housing marketHousing 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.MoneyMay 14
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U.S. Federal Reserve joins Canada in hiking interest rates 50 basis pointsThe 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.EconomyMay 4
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Fixed or variable? How to pick a mortgage as interest rates riseShould you go with a variable or fixed-rate mortgage? Rising interest rates are changing the calculus for prospective home buyers, experts say.MoneyMay 2
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Cryptocurrencies not a way to ‘opt out of inflation’: Bank of Canada officialCryptocurrencies 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.'EconomyApr 25
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Bank of Canada head won’t ‘rule anything out’ to tame inflation, including more rate hikesBank 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.EconomyApr 21
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Surging gas prices, Ukraine war pushed inflation to 6.7% in March: Statistics CanadaThe 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.MoneyApr 20
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Home prices could rise 15% in 2022 despite efforts to cool market: Royal LePageHome 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.MoneyApr 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?EconomyApr 13
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Bank of Canada interest rate hike: How it connects to inflation, job marketAs 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.EconomyApr 13
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