summary of deliberations Archives - Mortgage Rates & Mortgage Broker News in Canada

Weekly Mortgage Digest: Bank of Canada raises concerns over economic risks as inflation nears target

September 23, 2024 No Comments

A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Bank of Canada sees less risk of housing market overheating as demand softens

August 7, 2024 No Comments

The Bank of Canada sees less risk of housing market overheating due to affordability issues.

Bank of Canada officials worry that rate cuts may overheat the housing market

June 19, 2024 2 Comments

The Bank of Canada’s top decision-makers expressed concerns before announcing this month’s interest rate cut, fearing that the rate relief could potentially overheat the housing market.

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.

Bank of Canada’s Governing Council divided over timing of future rate cuts

March 20, 2024 1 Comment

While conditions for rate cuts are expected to materialize over the course of the year, the Bank of Canada itself appears divided over when exactly these conditions will be met.

Bank of Canada rate decision January 2023

Too soon to say when interest rates can come down: Bank of Canada

February 7, 2024 No Comments

The Bank of Canada’s Governing Council believes it’s too early to say when they can start easing interest rates, according to a summary of deliberations from its January 24 meeting.

Bank of Canada’s confidence grows that rates are now high enough, but says inflation risks remain

December 20, 2023 No Comments

The Bank of Canada’s six-member Governing Council believes odds have increased that interest rates are now high enough to bring inflation back to target.

The Bank of Canada’s latest rate hold wasn’t unanimous, meeting minutes show

November 8, 2023 1 Comment

While the Bank of Canada’s rate hold last month was a welcome reprieve for borrowers, minutes from the meeting show the decision wasn’t a unanimous one.

Past rate hikes are slowing demand, but inflation still a “significant” concern: BoC

September 20, 2023 No Comments

When deciding to leave interest rates unchanged at its Sept. 6 monetary policy meeting this month, the Bank of Canada determined the past hikes are working to slow the economy.

Bank of Canada feared costs of postponing July rate hike

July 26, 2023 1 Comment

The Bank of Canada’s Governing Council members opted for a 10th rate hike in July over concerns that waiting until September carried its own risks.

summary of deliberations