Bank of Canada

Get the latest updates and analysis on the Bank of Canada’s policies, decisions, and economic impact. Stay informed on interest rates, monetary policy, and financial stability insights.

Interest rate cut welcome news for homeowners with variable-rate mortgages: experts

September 4, 2024 1 Comment

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 significant demand returns to the market.

Bank of Canada widely expected to extend its rate-cut streak on Wednesday

September 2, 2024 1 Comment

More rate relief is expected this week for those with variable-rate mortgages and lines of credit.

Bank of Canada sees less risk of housing market overheating as demand softens

August 7, 2024 No Comments

The Bank of Canada sees less risk of housing market overheating due to affordability issues.

Tiff Macklem on June Bank of Canada rate cut

Following Bank of Canada rate cut, Macklem says it’s “reasonable” to expect more

July 24, 2024 2 Comments

In addition to announcing the rate cut, the Bank of Canada also released updated economic forecasts, projecting moderately slower GDP growth in 2024 than previously anticipated.

Here’s why markets are betting on a Bank of Canada rate cut tomorrow

July 23, 2024 No Comments

Confidence is high that the Bank of Canada will deliver a second consecutive rate cut on Wednesday. Below, we look at some of the reasons why.

Inflation report “all but guarantees” a Bank of Canada rate cut next week: economists

July 16, 2024 1 Comment

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.

Will rising unemployment hasten the Bank of Canada’s coming rate cuts?

July 5, 2024 No Comments

Canada’s labour market stumbled in June, with the unemployment rate rising to 6.4%, up from the previous month.

Bank of Canada officials worry that rate cuts may overheat the housing market

June 19, 2024 2 Comments

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 the housing market.

What BoC rate cut means for mortgage rates

What the Bank of Canada rate cut means for mortgages, consumer loans and investments

June 5, 2024 1 Comment

The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75%, the first cut in more than four years. Here’s what it could mean for your finances.

Bank of Canada’s rate cut could spur housing demand as Toronto home sales fall in May

June 5, 2024 No Comments

Real estate market analysts say the Bank of Canada’s much anticipated decision to lower its key interest rate could be the sign that many would-be homebuyers have been waiting for to make their move.

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