Bank of Canada Debated Timing of Interest Rate Cut
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.
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.
Americans may soon access 50-year mortgages, but Canadians should understand the hidden costs: higher rates and hefty fees. Learn why our system offers better value.
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.
Discover how Canada's federal budget offers 30-year mortgage amortizations for first-time buyers and new tax measures to boost housing affordability across the nation.
Toronto's real estate market faces significant headwinds as home sales and prices decline. Discover how economic uncertainty is reshaping Canada's largest housing market and what it means for buyers and sellers.
A major Canadian bank's technical glitch proves costly as BC court rules internal error prevents mortgage payout recovery in precedent-setting case.
New data reveals Canadian households are increasingly struggling with credit payments as economic pressures mount. Delinquency rates climb while borrowing slows dramatically.
With interest rates stabilizing at manageable levels, Canada's real estate market shows promising signs of recovery. Discover how this new financial landscape is creating opportunities for buyers and sellers across the housing sector.
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.
Canada's housing market shows cooling signs as national home sales decline 1.9% month-over-month, breaking a four-month growth streak despite year-over-year gains and regional variations.
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.
Ottawa-based Westboro Mortgage Investment Fund earns prestigious industry recognition, showcasing excellence in Canadian alternative lending and investment management.
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.
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.
The Bank of Canada delivers another interest rate cut while navigating turbulent U.S. trade relations and tariff threats that could reshape Canada's economic landscape.
The Bank of Canada has made its first interest rate cut in months, lowering the overnight rate to 4.75%. Discover how this decision affects mortgages, savings, and the Canadian economy.
The Bank of Canada has cut its key interest rate to 2.25% in its second consecutive reduction, signaling a major shift in monetary policy that could save Canadians money on mortgages and loans.
The Bank of Canada has made its first interest rate cut since 2020, dropping the benchmark rate to 4.75%. Discover how this historic move will impact mortgages, savings, and the Canadian economy.
The U.S. Federal Reserve signals potential rate cuts ahead, marking a significant policy shift that could impact Canadian mortgages, investments, and economic growth. Discover the timeline and implications.