Variable-Rate Mortgage Savings May Be Ending
Markets now predict only 33% chance of another Bank of Canada rate cut in 2026 as bond yields spike. Learn how this affects mortgage rates and home affordability.
Markets now predict only 33% chance of another Bank of Canada rate cut in 2026 as bond yields spike. Learn how this affects mortgage rates and home affordability.
US employers added 119,000 jobs in September as unemployment rose to 4.4%. Delayed report reveals economic strain from high interest rates and trade uncertainty.
A new Canadian study reveals mentorship is crucial for BIPOC youth employment, yet nearly one-third lack a mentor. Discover the findings and the call for action.
Canada's mortgage delinquency rate declines for the first time since 2022, signaling potential relief for homeowners amid economic pressures. Learn what this means for the housing market.
A new report exposes the severe employment and unemployment challenges facing Alberta's youth. Learn about the economic pressures and potential solutions affecting young Canadians.
A Winnipeg advocacy group expresses alarm over proposed Manitoba Hydro rate increases. Learn how these changes could impact your energy bills and what options are available.
London Mayor faces opposition from Coun. Susan Stevenson seeking deeper tax cuts in 2026 budget. Get the latest on municipal financial debates.
Canada's inflation rate fell to 2.2% in October, driven by a sharp drop in gas prices. However, core inflation measures remain elevated, a key concern for the Bank of Canada.
Economists project Canada's annual inflation rate declined in October, driven by a significant drop in gasoline prices. Get the latest analysis on the cost of living.
U.S. stock futures decline as investors reassess the likelihood of a December interest rate cut. Stay informed on the latest market movements and economic indicators.
Statistics Canada reveals immigrant mothers prevented sharper birth rate decline since 2010. Learn how immigration shapes Canada's demographic future and population trends.
Newly released deliberations reveal Bank of Canada officials debated delaying October interest rate cut. Get insights into central bank's monetary policy considerations.
Bank of Canada considered delaying interest rate cut but opted for October reduction to 2.25% amid soft labour market and trade uncertainty. Read the full analysis.
Federal immigration target reductions could help lower Alberta's high unemployment rate by allowing the labour market to absorb more local workers, economists suggest.
Canada's reduced immigration targets could slow population growth to near zero, potentially delaying Bank of Canada interest rate cuts as unemployment may fall faster than expected.
Midwestern Ontario sees 2,600 job openings as unemployment rate declines. Manufacturing sector leads hiring surge with opportunities across multiple industries.
Statistics Canada releases crucial October employment data that could shape economic policy and interest rate decisions. Get the latest on unemployment rates, job creation trends, and what it means for Canadian households.
Canadian job market faces turbulence as October layoffs hit highest level since February. Discover which sectors are most affected and what experts say about the economic outlook.
New data reveals Toronto's unemployment rate has climbed to 6.5%, making it the fourth highest among major Canadian cities. Discover what's driving this troubling trend and what it means for the city's economic future.
Manitoba Hydro announces significant natural gas rate increase starting November 1st, impacting homeowners' winter heating costs. Learn how this affects your budget.
Canadian homeowners with variable-rate mortgages are celebrating as the Bank of Canada's recent rate cut brings significant payment reductions. Discover how this decision impacts monthly budgets and what it means for the housing market.
The Bank of Canada maintains its key interest rate at 5%, signaling the end of its tightening cycle while keeping options open for future moves. Discover what this means for your finances and the Canadian economy.
Despite stubborn inflation, economists reveal why interest rate cuts remain on the table for 2024 and how Canadians should prepare for potential financial shifts.
The Bank of Canada's recent interest rate reduction offers breathing room for Albertans, but experts warn bigger economic challenges lie ahead for the province's housing market and overall financial landscape.
The Federal Reserve has cut interest rates for the first time this year, delivering a quarter-point reduction amid cooling inflation and economic uncertainty. Here's what it means for your wallet.
Royal Bank of Canada leads major lenders in reducing prime rate to 6.95%, bringing relief to borrowers with variable-rate mortgages and loans. Learn how this affects your finances.
The Federal Reserve makes pivotal rate cut decision as potential government shutdown threatens to cloud economic outlook and complicate monetary policy path forward.
Wave of layoffs sweeps Canadian job market as Bell, Rogers, Loblaw and other corporate giants cut positions, creating widespread worker anxiety and economic uncertainty.
Economists warn Canada faces a structural productivity crisis as Bank of Canada cuts rates amid stagnant economic growth and declining business investment.
Canadian real estate leaders welcome the Bank of Canada's first interest rate cut in four years, predicting renewed market activity while acknowledging ongoing economic challenges.