Trump announced he was slapping 25% tariffs on Canadian imports. Chaos has a way of slowing down time. The Sword of Damocles did not fall on Trump’s first ...
The Bank of Canada (BoC) reduced its policy rate by another 0.25% last Wednesday. Variable-rate mortgage rates decreased by the same amount shortly ...
Last week, Statistics Canada released our latest inflation data, for December, and the results came in basically as expected. Our Consumer Price Index ...
Last week contained noteworthy developments for anyone keeping an eye on mortgage rates. On Wednesday, we received the latest US Consumer Price Index (CPI) ...
Last Friday we received the latest US and Canadian employment reports, for December, and both headline prints came in higher than expected. Bond yields on ...
Happy New Year and welcome back. I hope everyone enjoyed some relaxing time over the holidays. As has become tradition for this blog, I will start the new ...
I would like to wish my readers a healthy and happy holiday season. My next post will be uploaded on January 6. In the meantime, here are links to a few of ...
. Last Wednesday, the Bank of Canada (BoC) cut its policy rate by another 0.50%, as expected. That means our variable mortgage rates will be reduced by the ...
Last Friday brought some surprising holiday cheer for anyone keeping an eye on Canadian mortgage rates. We learned that overall job growth in both Canada ...
Last Friday Statistics Canada confirmed that our GDP increased by only 1% quarter-over-quarter (QoQ) in Q3, down from 2.2% in Q2. That unspectacular result ...
What a week for Canadian mortgage news. In the span of only five days, we saw Canadian inflation return to the Bank of Canada’s (BoC) 2% target, the US ...
Last week the Office of the Superintendent of Financial Institutions (OSFI), our banking regulator, announced that it will no longer require any renewing ...