The Bank of Canada’s overnight lending rate will end the year exactly where it started—unchanged at 1.75%. As was widely... Read More
Despite leaving its key lending rate unchanged at 1.75% today, the Bank of Canada sounded more cautious about global headwinds... Read More
South of the border, the Federal Reserve is almost certain to cut interest rates tomorrow for the first time since... Read More
Canada’s key lending rate remained unchanged for the sixth straight meeting today, with the Bank of Canada saying the country’s... Read More
Just months ago, the prospect of an additional Bank of Canada rate hike by the end of 2020 was very... Read More
Earlier this week, Bank of Canada Governor Stephen Poloz called on banks and other lenders to offer more innovative mortgage... Read More
Expectations for future interest rate hikes fell even further following yesterday’s Bank of Canada rate decision. Up until now, BoC... Read More
Mortgage rules implemented over the past two years, along with rising interest rates, have worked to improve credit quality and... Read More
The Bank of Canada today delivered a widely expected quarter-point increase to the overnight target rate, raising borrowing costs for... Read More
Although Wednesday’s Bank of Canada rate hold was largely expected, variable rate mortgage holders are likely still breathing a sigh... Read More