The Bank of Canada could change interest rates again in what has been an unpredictable year for rate watchers.
A Bank of Canada March rate cut is looking less likely as Governor Stephen Poloz hints that January’s movement is still being absorbed by the economy. Meanwhile, the U.S. Fed is holding off on hiking their rates as global economic factors remain shaky.
The Bank of Canada has changed the name of the economic game with an unanticipated rate cut – with implications for YOUR mortgage and YOUR savings!
Rising rates could be a reality for many Canadians this year or next. How will they impact your retirement portfolio?
This week in Housing Headlines: A 2015 central rate rise isn’t such a sure thing these days – oil’s slide has mortgage pundits revising their forecasts for the year. Meanwhile, homeowner optimism takes a nosedive. Could the housing market’s bull run finally be out of steam?
Should you be concerned about sliding oil prices? As an oil-dependent nation, there are implications for all Canadians. Read on to see how investors, drivers and consumers will be affected.
The Bank of Canada’s December interest rate announcement was released this week – and while there were no surprises around unchanged central bank rates, new language hints at growing concern due to rising debt levels. Here’s what you need to know.
Recent OECD mortgage rate predictions call for a Bank of Canada rate hike by May. Should homeowners worry? Rubina breaks down what this could mean for your mortgage payments.