tiff macklem Archives - Mortgage Rates & Mortgage Broker News in Canada

Economists react to Bank of Canada rate cut

Economists react to the Bank of Canada’s 25-bps rate cut: What’s next for rates?

March 12, 2025 No Comments

The Bank of Canada cut its overnight rate by 25 basis points to 2.75%, its seventh straight cut. While expected, the move comes as the Bank tries to navigate economic uncertainty and the fallout from U.S. trade tensions.

Tiff Macklem, governor of the Bank of Canada, speaks during an event at the Toronto Region Board of Trade in Toronto

Bank of Canada warns of economic fallout if U.S. trade war escalates

February 21, 2025 2 Comments

Bank of Canada Governor Tiff Macklem warned that Canada faces a significant economic hit if the U.S. proceeds with broad-based tariffs on Canadian exports, a move that would stifle growth, weaken the loonie and add upward pressure to inflation.

Five things to watch for in the Canadian business world in the coming week

February 17, 2025 No Comments

Five things to watch for in the Canadian business world in the coming week:

Fed minutes spark market turmoil: Making sense of it and why Canadian mortgage rates are likely to rise

December 18, 2024 3 Comments

I thought it would be really hard to top Monday’s chaotic events in Parliament, but it looks like I was wrong. Today at 2 p.m.,

Two big banks predict 225 bps worth of BoC rate cuts over the next year

October 21, 2024 No Comments

As we appraoach what’s expected to be the Bank of Canada’s fourth consecutive interest rate cut this year, several major banks are forecasting that the rate-cutting cycle is far from over.

With inflation below target, BoC expected to deliver supersized rate cut this week

October 20, 2024 No Comments

Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half a percentage point this week.

Tiff Macklem, Governor of the Bank of Canada

BoC’s Macklem says it’s “reasonable” to expect further rate cuts

September 24, 2024 No Comments

Bank of Canada Governor Tiff Macklem signalled that more interest rate cuts are likely as inflation continues to ease.

Mortgage digest: Canadians are pulling back on borrowing

September 15, 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.

Inflation expected to ease to 2.1%, lowest level since March 2021: economists

September 15, 2024 No Comments

Economists anticipate that Canada’s annual inflation rate in August fell to its lowest level since March 2021.

Latest in mortgage news: Borrowers must adapt to ‘new normal’ of higher rates, says Macklem

June 16, 2024 No Comments

Interest rates may slowly start to be easing around the world, but they won’t be returning to pandemic levels and borrowers will need to adjust accordingly.

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