As people turn to online purchases or contactless payment methods, the use of cash has dropped significantly since the start of the pandemic.
Because of the uncertainty around how the pandemic will play out, it’s a good idea to get proactive about your savings strategy.
Find out how the Bank of Canada’s recent emergency rate cuts are affecting current mortgage holders and new mortgage shoppers.
The Bank of Canada cuts key interest rates amid fears of deepening economic downturn. Fixed mortgage rates are now at their lowest level since the fall of 2019, making this an ideal time to shop the market.
We revisit the mortgage stress test and how it is affecting Canadian homebuyers.
The Bank of Canada is holding its key benchmark rate for the eighth time in a row.
Here’s why a change to the Bank of Canada five year benchmark qualifying rate might be good news.
Canada’s economy is picking up slowly, but the Bank of Canada continues to tread gently.
The Bank pointed to global and domestic concerns as key reasons for leaving rates unchanged.
BOC holds rates steady.