2/5/2025 | Posted in Canadian Economy and Housing Market by Kelly Healy
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Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as homebuyers take advantage of improved borrowing conditions, but says its outlook ... More

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  2/4/2025 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Canada received a temporary reprieve from U.S. tariffs for at least 30 days, but if enacted, BMO warns the Bank of Canada may be forced to cut its policy rate to 1.50% by ... More

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  2/3/2025 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Canada’s 5-year bond yield has fallen to its lowest level since June 2022, following fresh concerns over economic uncertainty and global trade tensions. ... More

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  2/3/2025 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Economists say central bank could make oversized inter-meeting reduction as Canadians come to terms with Trump's tariffs. ... More

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  1/29/2025 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The central bank said on Wednesday morning that it had trimmed the key rate by 25 basis points, a move that brings it to 3% but also marks a smaller reduction than its previous ... More

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  1/29/2025 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%. ... More

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  1/20/2025 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The Bank of Canada (BoC) is preparing to make its first key policy decision of the year on January 29, with Canadians eager to see whether the central bank will cut its overnight ... More

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  1/3/2025 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Economists at Canada’s major banks don’t expect interest rates to move quite as dramatically in 2025 as they did in 2024, but they still see various sources of drama ... More

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  12/11/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Canada’s central bank has cut interest rates for the fifth consecutive time to 3.25 per cent as the country’s economy grows at a slower rate than projected. ... More

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  11/26/2024 | Posted in Mortgages and Real Estate by Kelly Healy
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The Bank of Canada (BoC) is preparing for its final rate announcement of 2024 on December 11, with economists anticipating a potential further reduction in its lending rate that ... More

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  11/22/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Various signs point to the Bank of Canada (BoC) cutting interest rates by another half percentage point in December, even if the bank hasn’t said so explicitly, CIBC ... More

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  11/4/2024 | Posted in Mortgages and Real Estate by Kelly Healy
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Canada's housing agency says risks remain in the mortgage market as over a million contracts are up for renewal next year while a growing share of new mortgages are being ... More

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  10/23/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move in more than four years, and hailed signs the country ... More

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  10/21/2024 | Posted in Interest Rates by Kelly Healy
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Five of Canada's biggest banks are now expecting a larger-than-usual interest rate cut from the Bank of Canada after inflation numbers came in lower than anticipated. ... More

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  10/11/2024 | Posted in Interest Rates by Kelly Healy
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Strong employment results for September have tempered Bank of Canada rate cut expectations for later this month. ... More

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  10/7/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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An ex-member of the Bank of Canada’s governing body said officials should cut borrowing costs by half a percentage point later this month. ... More

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  9/12/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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One of the country’s biggest lenders says the Bank of Canada will accelerate the pace of monetary easing in order to stave off recession. ... More

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  9/5/2024 | Posted in Mortgage Interest Rates by Kelly Healy
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Real estate experts say the Bank of Canada’s third consecutive interest rate cut is welcome news for variable-rate mortgage holders, but it could still be some time before ... More

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  9/4/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The Bank of Canada has cut its policy rate by a further 25 basis points in its September decision, marking a third consecutive move to bring rates lower. ... More

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  9/3/2024 | Posted in Canadian Housing Market Predictions by Kelly Healy
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Interest rate cuts should spark buying activity says RE/MAX Canada ... More

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  9/3/2024 | Posted in Interest Rates by Kelly Healy
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The Bank of Canada is widely expected to deliver a third consecutive interest rate cut on Wednesday as inflationary forces continue to cool on both sides of the Canada-United ... More

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  8/20/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Inflation is continuing to ease, leaving the door open to another Bank of Canada rate cut in September, economists say. ... More

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  8/3/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Markets are betting the Bank of Canada will cut at each of its remaining interest rate decisions this year as the labor market in the U.S. looks to be loosening faster than ... More

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  7/26/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Borrowers may have welcomed recent rate cuts from the Bank of Canada, but TD Bank and CIBC predict an additional 175 bps cut by the end of 2025, lowering the overnight rate to ... More

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  7/24/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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The Bank of Canada cut its benchmark interest rate by a quarter of a percentage point on Wednesday, the second straight reduction in the central bank’s easing cycle. ... More

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  7/16/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Experts speculate the Bank of Canada may cut rates next week following a larger-than-expected slowdown in the country’s inflation rate in June. ... More

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  6/23/2024 | Posted in Canadian Economy and Interest Rates by Kelly Healy
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Economists are forecasting inflation slowed further in May, which would be welcome progress for the Bank of Canada after it cut its key lending rate for the first time in four ... More

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  6/19/2024 | Posted in Mortgages and Real Estate by Kelly Healy
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The Bank of Canada's governing council thought about waiting until July to lower interest rates but ultimately decided to cut earlier, the central bank's summary of ... More

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  6/19/2024 | Posted in Mortgages and Real Estate by Kelly Healy
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The Bank of Canada’s top decision-makers expressed concerns before announcing this month’s interest rate cut, fearing that the rate relief could potentially overheat ... More

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