scotiabank Archives - Mortgage Rates & Mortgage Broker News in Canada

Scotiabank now sees three Bank of Canada rate cuts in 2026

April 29, 2025 1 Comment

Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. trade policies.

CIBC and Indigenous-led Longhouse Capital Partners form strategic relationship

April 1, 2025 No Comments

CIBC Global Asset Management says it has entered into a strategic relationship with Indigenous-owned and led asset management firm Longhouse Capital Partners Inc.

Why Scotiabank thinks the Bank of Canada is done cutting rates

March 27, 2025 No Comments

While most of Canada’s Big 6 banks expect the Bank of Canada to deliver at least one more interest rate cut this year, Scotiabank is standing firm in its view that the central bank is already done.

Inflation still too hot for the BoC to cut rates further: Scotiabank

March 20, 2025 No Comments

Scotiabank Economics is warning that inflation remains too persistent for the Bank of Canada to continue cutting rates.

Scotiabank says rate cuts are easing pressure on borrowers, but warns tariffs could stall economic recovery

February 25, 2025 No Comments

Scotiabank’s latest earnings show mortgage borrowers benefiting from recent rate cuts, but the bank warns looming U.S. tariffs pose economic risks.

Bank of Canada interest rate forecasts 2

Bank of Canada’s March rate cut odds drop to 30% after latest inflation data

February 18, 2025 No Comments

Canada’s inflation report for January has led to a sharp decline in the chances of the Bank of Canada cutting rates in March.

Lenders slow to roll out secondary suit refinancing program

Big banks slow to roll out secondary suite refinancing program despite January 15 launch

January 31, 2025 3 Comments

Canadian Mortgage Trends has learned that only a few major lenders are currently accepting applications for the federal government’s secondary suite refinancing program.

Canadian consumers are more resilient than retail report suggests: Scotiabank

January 23, 2025 No Comments

Although retail sales were flat in November, Canadian consumers have shown greater resilience than many credit them for, according to Scotiabank’s analysis.

A by-the-numbers look back at Canadian finance in 2024

December 29, 2024 No Comments

The big questions in Canadian finance heading into 2024 were whether the economy could avoid a recession and what would happen with interest rates.

EXCLUSIVE: BMO brings back OSFI’s stress test for uninsured mortgage switches

December 19, 2024 No Comments

The excitement over last month’s removal of the stress test for uninsured mortgage switches may have been short-lived—at least for some bank customers.

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