Trump Trade War Impact on Canadian Homeowners The Trump Trade War's Impact on Canadian Homeowners is becoming increasingly evident as global economic shifts ripple through the housing market. Economic uncertainty has risen due to the introduction of 25%...
Will Fixed Mortgage Rates Keep Falling? Here's What You Need to Know The question on everyone’s mind is: Will fixed mortgage rates keep falling? While the market consensus suggests they might, the future of fixed mortgage rates remains uncertain....
The Bank of Canada Hiked Rates By Only 25 bps, Signalling a Pause. As expected, the Bank of Canada--satisfied with the sharp decline in recent inflation pressure--raised the policy rate by only 25 bps to 4.5%. Forecasting that inflation will return to roughly 3.0%...
Super-Sized Rate Hike, Signalling More to Come The Governing Council of the Bank of Canada raised its target for the overnight policy rate by a full percentage point to 2-1/2%. The Bank is also continuing its policy of quantitative tightening (QT), reducing its...
StatsCanada today reported that consumer price inflation rose to 4.7% from year-ago levels in October, compared to 4.4% in September. This is in line with market expectations and is well below the US's 6.2% pace reported for the same period. Inflation is rising all...
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