The Bank of Canada is finally coming around to the view that the rising cost of goods and services is perhaps not so transitory after all.
With direction from the federal government, the Bank of Canada's "primary objective" over the next five years will continue to be targeting 2% inflation.
Despite bond markets predicting interest rate hikes as early as the first quarter of 2022, the Bank of Canada today stuck to its script that rates should remain low until the "middle quarters" of next year.
Over a quarter of all home purchases in 2021 were made by a buyers who already own a home—investors in many cases—according to data from Teranet.
Financial markets may be pricing in the first interest rate hikes as early as March, but they shouldn’t be too...
Bond yields rocketed higher following today’s Bank of Canada rate decision, making it likely that fixed mortgage rates are about to climb higher.
With inflation well above the Bank of Canada’s target level and ongoing supply chain issues, expectations of earlier-than-expected interest rate...
Since the start of the pandemic, the Bank of Canada has been buying up billions of dollars worth of bonds...
The Bank of Canada delivered a status quo rate decision today, keeping its target rate and bond purchases unchanged. This...
Weaker-than-expected economic data may have thrown a splash of cold water on Canada’s current economic recovery, but isn’t likely to...
