The US Federal Reserve held its policy rate steady last week, as expected. Today’s post will provide highlights from the Fed’s latest policy statement and ...

The Bank of Canada (BoC) reduced its policy rate from 5.00% to 4.75% last week, marking its first cut since it slashed its policy rate by 1.50% in March ...

The Bank of Canada (BoC) meets this Wednesday, and bond-market investors now put the odds of a 0.25% rate cut at about 70%. If the Bank cuts, the rates on ...

Last week, Statistics Canada confirmed that inflation pressures declined again in April. Our overall Consumer Price Index fell to 2.7% in April on a ...

I hope that you enjoyed the Victoria Day long weekend. I took the weekend off from writing, so there won’t be a new post this week. I’ll be back next ...

Last week, Statistics Canada estimated that our economy added 90,000 new jobs in April. That headline result, which was more than four times the consensus ...

Bond yields finally broke lower last week, and that has relieved some of the pressure on our fixed- mortgage rates. The US Federal Reserve provided the ...

Last week’s economic data releases on both sides of the 49th parallel provided further confirmation that the US and Canadian economies remain on divergent ...

Last week Statistics Canada confirmed that our overall Consumer Price Index (CPI) increased from 2.8% in February to 2.9% in March on a year-over-year ...

The Bank of Canada (BoC) held its policy rate steady last week, as expected. That means the lender prime rates on which our variable mortgage rates are ...

The Bank of Canada (BoC) isn’t expected to lower its policy rate when it meets this Wednesday, but the bond futures market is estimating an 80% chance of a ...

Mortgage-related news made headlines again last week. Statistics Canada released our latest GDP data, our banking regulator announced a new set of ...