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.
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 has cut the Prime rate to 0.75% from 1%. What does this mean for your mortgage rate and the economy?