The Bank of Canada (BoC) held its policy rate steady last week as the consensus expected it would. For my part, I think the Bank will regret its decision ...

The Bank of Canada (BoC) is not expected to cut this Wednesday. Bond-market investors now put the odds of no change at about 80%. That consensus view was ...

I will be taking a short break from blogging for the next two weeks. I’ll be back at it on Monday, June 2 to offer my take on the Bank of Canada’s (BoC) ...

Last week the US Federal Reserve left its policy rate unchanged for the third time in a row, and we learned that the Canadian economy shed jobs in April. ...

The recent movements in Government of Canada (GoC) bond yields and, by association, our fixed mortgage rates, have been primarily determined by US President ...

Last week was mercifully quiet for news affecting Canadian mortgage rates. Today’s post offers a detailed look at the mortgage-selection advice I am ...

The Bank of Canada (BoC) held its policy rate at 2.75% last week, which it considers to be the mid-point of its neutral range (the level where it is neither ...

Bond-market investors do not expect the Bank of Canada (BoC) to cut its policy rate when it meets this Wednesday. They are pricing in 60% odds that the Bank ...

Last Wednesday US President Trump announced new tariffs on imports from nearly every country on the planet. Even Heard Island, located off the coast of ...

Last week Statistics Canada released our latest GDP data. The results were better than expected, for the second month in a row, mostly because buyers were ...

Last week the US Federal Reserve left its policy rate unchanged, as expected. The theme in the Fed’s accompanying communications was “uncertainty”. Fed ...

The Bank of Canada (BoC) cut its policy rate by another 0.25% last week, as expected. Variable-rate mortgage borrowers will see their rates drop by the ...