
desjardins


Scotiabank: The Bank of Canada will likely deliver a 50-bps rate cut this week—here’s why it shouldn’t
In a recent analysis, Scotiabank’s Derek Holt suggests that the Bank of Canada is likely to implement a 50-basis point rate cut this week, despite concerns over the broader economic implications.

Rent inflation to slow in the next few years, Desjardins predicts
The rate at which Canadian rental prices are increasing should slow in the coming years as the government’s plan to cut back immigration numbers takes hold, a new report from Desjardins says.

Mortgage Digest: 50% odds of a 50-bps October rate cut, experts say
A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Economy to grow moderately, rates to fall below three per cent next year: Deloitte
Deloitte Canada expects economic growth to pick up next year as it forecasts the Bank of Canada to cut its key interest rate below three per cent by mid-2025.

Canada jobs numbers spike and could delay rate cut: economists
Canada added 90,000 jobs to the national economy in April, according to the latest figures from Statistics Canada, which may cause the Bank of Canada to postpone its first rate cut.

The latest in mortgage news: BC government unveils details of its proposed home-flipping tax
The British Columbia government today unveiled additional details of its proposed house flipping tax that was introduced in last week’s budget.

Brace for recession (if we’re not already in one), economists say
Canada’s economy is headed for an imminent recession in 2024—that is, if we aren’t already in one, economists say.

Canadian recession imminent and could last through the first half of 2024: Desjardins
Despite Canada’s economy outperforming expectations over the last few quarters, signs are starting to suggest a slowdown is on the horizon, according to a report from Desjardins.

Meridian/Desjardins Merger to Benefit Borrowers
Tuesday’s announced amalgamation of Meridian and Desjardins Credit Unions could be a win for mortgage customers.