Mortgage shoppers take note: Cheap money is here to stay, at least for the next two years, the Bank of Canada reaffirmed during its interest rate decision on Wednesday. Read More
Despite a booming housing market and rapid job gains, the Bank of Canada warned that the country’s economic recovery will be “heavily reliant on policy support.” Read More
Prospective homebuyers received reassurance today that interest rates will remain near historic lows "for a long time" according to Bank of Canada Governor Tiff Macklem. Read More
The Bank of Canada shared its optimistic outlook for Canada’s economic recovery on Tuesday. But that doesn’t mean rate hikes... Read More
Canada’s economy may prove surprisingly resilient in its recovery following the COVID-19 lockdown, according to Bank of Canada Governor Stephen... Read More
It’s official, Canada’s prime rate will fall to 2.45% following the Bank of Canada’s emergency rate cut on Friday. RBC... Read More
For the second time in two weeks Canada’s prime rate has fallen by 50-percentage points. Following the Bank of Canada’s... Read More
For the first time since the financial crisis of 2009, the Bank of Canada has delivered an emergency inter-meeting rate... Read More
Bank of Canada Governor Stephen Poloz attempted to ease concerns yesterday that lower interest rates will further stoke overheated housing... Read More
Canada’s prime rate fell to 3.45% today for the first time since July 2018. This is good news for floating-rate... Read More