Brett Surbey, Author at Mortgage Rates & Mortgage Broker News in Canada

Bank of Canada rate path clouded as core inflation heats up despite headline drop

May 20, 2025 No Comments

Headline inflation eased in April, but persistent core pressures are complicating the Bank of Canada’s path to rate cuts.

U.S. inflation cools in April, fuelling expectations of Fed easing later this year

May 13, 2025 No Comments

U.S. inflation unexpectedly cooled in April, reinforcing expectations that the Federal Reserve could continue cutting rates later this year.

Rising unemployment rate and weak job gains point to June Bank of Canada rate cut

May 9, 2025 No Comments

Following a steep March decline, modest job growth in April suggests tariff impacts are weighing on Canada’s economy, raising the odds of a 25 bps rate cut in June.

U.S. job growth defies expectations again, but tariff risks lurk

May 2, 2025 No Comments

U.S. job growth beat expectations for the second consecutive month, but economists warn the effects of reciprocal tariffs are still to come.

Canada’s GDP contracts in February, with more headwinds ahead

April 30, 2025 No Comments

Canada’s GDP started 2025 on a strong note, but February brought a sharp pullback, with growing tariff risks and ongoing uncertainty continuing to cloud the Bank of Canada’s policy outlook.

Inflation eases to 2.3%, but BoC still faces tough call on rates

April 15, 2025 No Comments

Inflation cooled more than expected in March, but persistently elevated core measures may keep the Bank of Canada on hold.

Job losses, tariff fears push BoC rate cut odds to near 50%

April 6, 2025 No Comments

March’s surprise job losses—the first in three years—signal early signs of trade war impacts on the Canadian economy, raising the odds of an April rate cut to 50%.

Strong GDP growth in January may be short-lived as tariff threats loom

March 28, 2025 No Comments

Canada’s economy kicked off 2025 with stronger-than-expected growth, but that momentum may soon stall as looming tariffs threaten to derail the recovery.

Retail sales fall 0.6% in January as holiday bump fades and tariff concerns grow

March 21, 2025 No Comments

After a strong surge in holiday shopping, Canadian consumers eased off the spending pedal in January as economic headwinds—including ongoing tariff uncertainty—tempered demand.

Inflation jumps to 2.6%, complicating the BoC’s April rate cut decision amid tariff uncertainty

March 18, 2025 No Comments

Canada’s headline inflation surged to 2.6% year-over-year in February, a sharp jump from January’s 1.9% and higher than economists had expected.

Brett Surbey