The recent long list of tariffs the Trump administration has implemented on its trading partners is now revealing itself as a policy that will slow down trade across the globe…
For the first time in almost seven years, the Bank of Canada has raised its key interest rate. In its scheduled Monetary Policy Report (MPR), the bank announced this morning that it is increasing the rate by…
There’s speculation the Bank of Canada may raise its key interest rate at its next scheduled announcement on July 12, due to comments Bank of Canada Governor Stephen Poloz recently made to the media about the conditions needed for higher rates…
Mortgages Spotlight: 2014 could be a golden year for the Canadian economy as a number of factors will benefit the housing market.
The Bank of Canada announced today that the Overnight Lending Rate would remain at 1%, once again – and that an increase isn’t expected any time soon.
The latest Bank of Canada rate announcement has been released, and while interest rates and stimulus measures remain consistent, future economic expectations are cautiously optimistic.
Get ready – here come the Friday night money fights. When it comes down to getting contentious, Canadians have no shortage of qualms over their cash – and no one is spared the wrath as family members and significant others alike come under fire over financial squabbles.
The latest consensus from RateSupermarket.ca’s Mortgage Rate Outlook Panel has been released for September 2012. Looks like both Fixed and Variable mortgage rates are to remain unchanged this month amidst global economic uncertainty and a consistent Bank of Canada interest rate.
The Canadian economy could be in for a second recession, according to a Moody’s Analytics report. The culprits: record high levels of Canadian household debt, and little room for stimulus should the cost of borrowing go up.
Canadians are a little lighter in the pockets these days – and July saw lower-than-expected inflation growth as a result. Levels only rose by 1.3 per cent from 2011 numbers year-over-year – shy of the 2 per cent average aimed for by the Bank of Canada.