4/10/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The Bank of Canada (BoC) today announced its key interest rate decision, electing to hold rates steady at five per cent. ... More

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  4/8/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The Bank of Canada is widely expected to keep its key overnight rate on hold Wednesday, as it gathers more evidence of cooling inflation before delivering its first interest rate ... More

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  4/3/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Economists question their forecasts as inflation expectations challenge anticipated rate cuts ... More

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  3/19/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Economists widely expect central bank to start cutting rates in June ... More

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  3/13/2024 | Posted in Mortgages and Real Estate by Kelly Healy
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The Canadian mortgage space is already seeing some rates on offer decline heading into the spring market, despite no clear indication yet from the Bank of Canada that interest ... More

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  3/9/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The Bank of Canada elected to hold interest rates steady at 5 per cent. ... More

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  3/4/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts ... More

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  2/28/2024 | Posted in Interest Rates by Kelly Healy
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Could Canada’s headline inflation rate reach the neutral target of 2% by this summer, a full year sooner than the Bank of Canada’s own forecasts? ... More

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  2/20/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Canadian consumer prices eased at the start of this year, with progress on underlying pressures likely to give the Bank of Canada more room to start considering rate cuts in the ... More

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  2/10/2024 | Posted in Interest Rates by Kelly Healy
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BoC's cash-management tool reboot suggests no easing on the horizon, surprising markets ... More

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  2/9/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More

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  2/5/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by April. ... More

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  2/3/2024 | Posted in Interest Rates by Kelly Healy
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After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down. ... More

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  1/24/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The Bank of Canada has left its policy rate unchanged in its first announcement of the year, keeping rates where they are for a fourth straight decision but giving little ... More

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  1/19/2024 | Posted in Interest Rates by Kelly Healy
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The Bank of Canada is likely to leave its overnight rate unchanged in its first decision of 2024, according to new forward guidance by the Royal Bank of Canada. ... More

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  1/15/2024 | Posted in Canadian Housing Market by Kelly Healy
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Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada, ... More

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  1/4/2024 | Posted in Canadian Housing Market Predictions by Kelly Healy
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The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, according to a new forecast by Deloitte Canada. ... More

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  12/19/2023 | Posted in Mortgage Interest Rates by Kelly Healy
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The Bank of Canada could start cutting interest rates next year as long as core inflation comes down as predicted, BNN Television cited Governor Tiff Macklem as saying in an ... More

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  11/7/2023 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Experts are anticipating the BoC benchmark interest rate to retreat to 4% by the end of next year ... More

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  11/3/2023 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Canada’s unemployment rate ticked up two basis points to 5.7% in October, suggesting the Bank of Canada can now remain “firmly on the sidelines,” economists say. ... More

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  11/1/2023 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Bank of Canada governor Tiff Macklem says the central bank held its key interest rate at five per cent in part because of the effect a wave of upcoming mortgage renewals is ... More

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  10/25/2023 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The Bank of Canada delivered its second straight rate hold today, but signalled that it remains concerned about inflationary risks and price pressures. ... More

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  10/7/2023 | Posted in Mortgages and Real Estate by Kelly Healy
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Upcoming mortgage renewals at high interest rate levels will potentially drive the Canadian economy into a more severe downturn than anticipated. ... More

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  9/14/2023 | Posted in Mortgages and Real Estate by Kelly Healy
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Canadian mortgage borrowers continued to see their interest costs climb in the second quarter, which have now soared over 80% since the Bank of Canada started raising interest ... More

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  9/6/2023 | Posted in Interest Rates by Kelly Healy
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The Bank of Canada held its key interest rate steady at five per cent today, citing recent evidence that suggests the economy is weakening. ... More

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  9/4/2023 | Posted in Interest Rates by Kelly Healy
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This is despite a projected slight drop in the BoC’s policy rate by the end of 2024 or early 2025 ... More

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  9/1/2023 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end. ... More

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