Is a Canadian recession inevitable? Recent economic data paints a grim picture, and many believe the Bank of Canada will respond with another rate cut. Here’s what you need to know.
It seems Canadian bonds have been immune to the global bond sell off – in fact, demand for our bonds has reached its fastest pace in history, leading to low yields and fixed mortgage rate discounts. Can this low-rate reality last? Get the full story.
Record low mortgage rates are expected to remain through June and July, says RateSupermarket.ca’s expert Mortgage Rate Outlook Panel. Get the full story on what’s to come for fixed and variable mortgage rates this month.
The timing of the US Fed hike has been long speculated upon – any movement in central rates there would have deep implications for other nations’ interest rates – especially Canada’s. Here’s what you need to know.
If you’ve ever signed a contract – for a cell phone, cable package or a bank account – you’ve likely noticed the wording “terms may be subject to change”. They don’t just put that in there for the heck of it – it’s up to you as a consumer to ensure you’re still getting the best service for your buck.
Today’s Bank of Canada announcement left interest rates untouched for the time being, but speculation remains over whether interest rates will change again this year. Most economists believe they’ll rise by next year – but some are calling for opposite action. Check out our breakdown.
The Bank of Canada inflation target is an important way to measure our economy’s health – but there’s recent talk of changing the target altogether. Does this spell bad news for the economy? Read on to find out.
Well… those record lows couldn’t stick around forever. Fixed mortgage rates may be in for a small hike this month as bond yields rise, according to our expert Mortgage Rate Outlook Panel. Read on for their full monthly forecast.
What do Canadians want from their banks? Convenience, transparency, and a lack of fees top consumer wishlists – but it doesn’t appear all lenders are listening. Account fees are slated to rise at the big 5 FIs over the coming weeks, meaning you’ll pay more to access your cash. Meanwhile, confusion persists for credit card …
What are Bank of Canada Rates? Here’s what you need to know about the Overnight Lending rate, Prime rate and Qualifying rate.