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Odds of second 50-bps Bank of Canada rate cut drop after stronger inflation report

November 19, 2024 1 Comment

Still, many economists still see a half-point cut as likely at the Bank’s December 11 meeting.

Large GDP revisions from StatCan raise questions about past federal spending and monetary policy

November 17, 2024 No Comments

Canada’s economic data is under increasing scrutiny following recent GDP revisions, which raised growth figures by a cumulative 1.3 percentage points from 2021 to 2023, sparking concerns among experts.

Rate cut showdown: 25 or 50 bps? Economists split on Bank of Canada’s next move

October 11, 2024 No Comments

Strong employment results for September have tempered Bank of Canada rate cut expectations for later this month.

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.

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.

Will rising unemployment hasten the Bank of Canada’s coming rate cuts?

July 5, 2024 No Comments

Canada’s labour market stumbled in June, with the unemployment rate rising to 6.4%, up from the previous month.

How fixed-payment variable rate mortgages have saved the economy

The latest mortgage news: Variable-rate mortgages are making a comeback

June 28, 2024 No Comments

Mortgage borrowers are increasingly opting for variable-rate mortgages, a trend that is expected to continue as the Bank of Canada continues to lower interest rates.

Tiff Macklem on June Bank of Canada rate cut

Is today’s Bank of Canada rate cut “one and done” for now?

June 5, 2024 No Comments

Variable-rate borrowers finally got their wish of a Bank of Canada rate cut today. But how long could they be waiting until the next?

What the latest GDP figures mean for the Bank of Canada’s rate cut timing

March 28, 2024 No Comments

Canada’s stronger-than-expected GDP growth in January could pose a challenge for the Bank of Canada, potentially complicating the timing for its anticipated interest rate cuts.

Unexpected inflation drop won’t hasten Bank of Canada’s rate cut plans, economists say

February 20, 2024 No Comments

The Bank of Canada is still likely to wait until mid-year before delivering its first rate cut, despite January’s downside surprise in inflation, economists say.

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