Benjamin Reitzes Archives - Mortgage Rates & Mortgage Broker News in Canada

Why Scotiabank thinks the Bank of Canada is done cutting rates

March 27, 2025 No Comments

While most of Canada’s Big 6 banks expect the Bank of Canada to deliver at least one more interest rate cut this year, Scotiabank is standing firm in its view that the central bank is already done.

Bank of Canada’s urge to cut rates fades amid tariff uncertainty

March 26, 2025 No Comments

The Bank of Canada appears increasingly reluctant to cut rates further, with minutes from its March 12 meeting showing that its most recent move was driven largely by rising uncertainty over a potential trade war with the U.S.

Inflation jumps to 2.6%, complicating the BoC’s April rate cut decision amid tariff uncertainty

March 18, 2025 No Comments

Canada’s headline inflation surged to 2.6% year-over-year in February, a sharp jump from January’s 1.9% and higher than economists had expected.

Q4 economic growth surges, but tariffs may sway BoC’s next move

February 28, 2025 No Comments

Canada’s economy outperformed expectations to close out 2024, but economists say the Bank of Canada’s next move will likely hinge more on tariff risks than on last quarter’s growth.

November GDP falls short of expectations, marking largest decline since December 2023

January 31, 2025 No Comments

Canada’s real GDP fell 0.2% in November, the largest monthly decline since December 2023, according to Statistics Canada.

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

July 16, 2024 3 Comments

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.

Rate cut odds steep following weak inflation data

Canada’s latest GDP figures may prompt Bank of Canada summer rate cut: Economists

April 30, 2024 No Comments

Canada’s quarterly gross domestic product edged up 0.2% in Febuary, according to Statistics Canada data published April 30, suggesting the Bank of Canada may have a reason to cut rates in the summer.

BoC Governing Council divided over timing of rate cuts, but agree they will be gradual

April 24, 2024 2 Comments

The Bank of Canada’s Governing Council remains split over when they think conditions will be right to begin lowering the country’s key interest rates.

Recession talk gets louder as economic growth flatlines for second straight month

October 31, 2023 No Comments

Canada’s economic growth has flatlined for the second straight month, and has now undershot expectations for the past five months.

“No need for further rate hikes” after inflation surprises to the downside

October 17, 2023 No Comments

With Canada’s headline inflation rate once again trending downward, next week’s Bank of Canada rate decision is now looking decidedly more like a rate hold.

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