Last week continued a run of surprisingly strong economic data on both sides of the 49th parallel. Statistics Canada estimated that our GDP increased by ...

The Bank of Canada (BoC) held its policy rate at 5% last week, as expected. Its accompanying communications offered several key insights that will be of ...

The Bank of Canada (BoC) isn’t expected to cut its policy rate when it meets this Wednesday, so the focus this time will be for hints on the timing of when ...

Almost everyone’s 2024 mortgage-rate forecast assumes the Bank of Canada (BoC) will cut its policy rate at some point this year, with opinions differing ...

Happy New Year and welcome back! In keeping with tradition, my first post in 2024 will offer some thoughts on the year ahead – but before I jump in, let’s ...

The US Federal Reserve held its policy rate steady last week, and its surprisingly dovish accompanying communications led US bond-market investors to ...

The Bank of Canada (BoC) held its policy rate steady last Wednesday. Our mortgage lenders did the same with the prime rates our variable mortgage rates are ...

The Bank of Canada (BoC) is almost certain to hold its policy rate steady when it meets this week. The Bank may also soften its language around the need for ...

Last week Statistics Canada confirmed that our Consumer Price Index (CPI) fell from 3.8% in September to 3.1% in October on a year-over-year (YOY) basis, ...

Last week we learned that US inflation slowed by more than expected in October. The US Consumer Price Index (CPI) fell from 3.7% to 3.2% last month on a ...

Bond yields, and the fixed mortgage rates that are priced on them, have been on a roller coaster lately. After surging higher over the summer months, ...

In today’s post I’ll start by touching on the Fed’s decision to hold steady last week. Then I’ll take a quick look at some key US and Canadian economic ...