
rate decision


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

Strong U.S. inflation could delay rate cuts on both sides of the border
While the Bank of Canada left its benchmark rate unchanged as expected today, markets instead turned their attention to today’s hot U.S. inflation report.

Economists rule out rate cut this week, but all eyes on BoC statement and forecasts
The Bank of Canada is widely expected to leave interest rates unchanged this week for the sixth straight meeting.

“Still too early” to start cutting rates, says BoC’s Macklem
Following today’s decision by the Bank of Canada to leave interest rates on hold, Governor Tiff Macklem said plainly that it’s still too early to being

Sticky inflation to push Bank of Canada rate cuts to at least June: economists
A majority of economists believe stubborn inflation is likely to delay the first Bank of Canada rate cut until at least June.

Bank of Canada continues to talk tough despite markets’ rate-cut expectations
Like a stern parent, the Bank of Canada once again reminded markets that it is prepared to raise interest rates further if necessary to bring down inflation.

Bank of Canada offers a reprieve for mortgage borrowers, but leaves door open to more hikes
The Bank of Canada opted to leave interest rates unchanged today but maintained its hawkish bias, confirming it won’t hesitate to hike rates further if inflation doesn’t continue to trend downward.

Bank of Canada cautions markets against rate-cut bets
With markets pricing in rate cuts by the end of the year, the Bank of Canada today made clear that it doesn’t share the same outlook.

Bank of Canada delivers long-awaited rate pause. Will it last?
As expected, the Bank of Canada delivered its first rate pause in a year following eight consecutive rate hikes.