economic Archives - Mortgage Rates & Mortgage Broker News in Canada

BC Finance Minister Brenda Bailey and Premier David Eby

B.C. Finance Minister Brenda Bailey on track to deliver budget as Trump slaps tariffs

March 3, 2025 No Comments

One day before delivering her first budget, British Columbia’s finance minister said she knows that everyone is wondering how it can be done in the face of unprecedented tariffs from the United States.

U.S. inflation hits 3%, Fed rate cut likely delayed until December

February 12, 2025 No Comments

U.S. headline inflation rose for the third straight month, raising the likelihood that the next Fed rate cut won’t happen until later this year.

Strong job growth in December raises doubts about January rate cut

January 10, 2025 No Comments

As Canada’s job market surged in December, economists are now questioning whether the Bank of Canada will move forward with another rate cut this month.

Immigration provides important buffer for Canadian economy as population greys: RBC

May 30, 2024 No Comments

High levels of immigration are helping blunt the economic impact of Canada’s aging population even though it’s worsened challenges with housing affordability, a report by RBC says.

Scotiabank report on government spending impact on monetary policy

Interest rates are higher than they should be due to government spending: Scotiabank

November 19, 2023 1 Comment

Canadian interest rate are about 200 basis points higher than it otherwise would be due to government spending at all levels, including billions spent on pandemic relief.

bond yields rise and mortgage rates start rising

Bond Yields Surge, Mortgage Rates Rising in Response

February 23, 2021 No Comments

Canadian bond yields hit their highest level since April in recent days, and a number of lenders have responded by starting to raise some of

economic