Last week the Bank of Canada (BoC) dropped its policy rate from 4.50% to 4.25%, as expected. Our variable mortgage rates fell by the same amount shortly ...
The Bank of Canada (BoC) meets this Wednesday and there is broad consensus that it will cut its policy rate by another 0.25%, lowering it from 4.50% to ...
Last week saw encouraging developments on both sides of the 49th parallel for anyone hoping that Canadian mortgage rates will continue to drop. We learned ...
The latest US economic data have US bond-market investors paring back their bets on a 0.50% rate cut by the US Federal Reserve at its next meeting on ...
Last week Statistics Canada confirmed that our economy continued to shed jobs in July. We lost 2,800 jobs on a net basis last month, following a net loss ...
Bond yields plunged last week as investors repositioned themselves for a US led global economic slowdown. The US economy has been relying on temporary ...
The Bank of Canada (BoC) cut its policy rate by another 0.25% last Wednesday, lowering it to 4.5%. That news brings welcome relief to Canadians with ...
Last week, Statistics Canada confirmed that our Consumer Price Index (CPI) increased by 2.7% in June on a year-over-year basis, down from 2.9% in May, and ...
Last week we learned that US inflation cooled in June. That was welcome news for anyone keeping an eye on Canadian mortgage rates. The US Consumer Price ...
Last week, Statistics Canada confirmed that our economy lost an estimated 1,400 jobs in June, a major shortfall from the consensus forecast that it would ...
Last week Statistics Canada confirmed that our Consumer Price Index (CPI) increased by 2.9% in May on a year-over-year basis, up from 2.7% in April. For ...
It doesn’t take long for anyone keeping an eye on Canadian mortgage rates to see the impact on them from US economic developments. Government of Canada ...