Interest Rates Canada

• Could rate hikes be ‘over and done?’ What economists say as economy stalls

  Economic growth was 'nearly unchanged' in the second quarter of 2023, coming in below expectations, according to the latest release from Statistics Canada.

  Economy

  Sep 1, 2023
  
• No further rate hikes expected in 2023, Bank of Canada survey suggests

  The Bank of Canada won't raise rates again this year, according to a survey of market participants released by the central bank on Monday.

  Economy

  Jul 24, 2023
  
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• Bank of Canada will ‘actively’ talk about rate hikes after GDP surprise, experts say

  The first-quarter GDP figures are the final major economic release on the docket before the Bank of Canada's interest rate decision on June 7.

  Economy

  May 31, 2023
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• Higher mortgage rates are making some Canadians question value of home ownership

  Canadians are feeling more mortgage stress amid higher interest rates, according to a new CMHC survey, and it's affecting some attitudes about the overall housing market.

  Economy

  May 10, 2023
• High interest rates are slowing homebuilding, but the worst is yet to come

  The pace of Canadian homebuilding is slowing from its pandemic highs under the weight of higher interest rates, a new report shows.

  Money

  Apr 19, 2023
• Housing market downturn a top risk to Canada’s financial system, regulator says

  A potential housing market downturn and adjusting to interest rate increases are among the biggest risks to Canada's financial system, the country's financial regulator said.

  Economy

  Apr 18, 2023
• Interest rates in U.S. likely to move higher than first anticipated: Fed chair

  The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs if evidence continues to point to a robust economy, Jerome Powell says.

  Economy

  Mar 7, 2023
• New home prices fell in most major cities last month, StatCan says. Here’s where

  Canada's housing prices declined 0.2 per cent month over month in January, according to Statistics Canada, with new house prices declining at the national level. 

  Canada

  Feb 22, 2023
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• Will the Bank of Canada cut interest rates this year? What market watchers are saying

  After the rate decision on Jan. 25, Governor Tiff Macklem in an interview pushed back against traders who were betting that the central bank would cut rates as soon as October.

  Canada

  Feb 6, 2023
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• Bank of England hikes rates by half point to 4% amid inflation fight

  The International Monetary Fund this week said that the U.K. was on track to be the only major economy to shrink this year, even as the outlook for the rest of the world improves.

  World

  Feb 2, 2023