Inflation and GDP are indicators of our economy’s health – but do you know how to interpret them? Here’s a quick crash course on knowing the numbers.
There is a close relationship between fixed mortgage rates and government of Canada bond yields. Read on to see if a recent spike means higher mortgage rates.
Stephen Poloz is the new Governor of the Bank of Canada, taking the place of Mark Carney. How will he manage Canada’s monetary policy? Are interest rate changes on the horizon?
RateSupermarket.ca has created a snapshot of the Canadian Mortgage Market with their 5 Years of Mortgages infographic.
The European Central Bank recently cut interest rates to 0.5% in order to revive the struggling EU economy. How will this affect Canada, and our own stimulus efforts?
Retail trends show that Canadians are increasingly turning to discount stores like Target and Walmart in their efforts to stem household spending and national debt levels.
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.
Is a Bank of Canada rate cut possible? Following dismal data from StatsCan, some experts believe it rates could dip even below the current one per cent.
In his recent speech, Mark Carney pointed to the challenges facing the recovering global economy – namely a growing distrust in banks. He states that banks should focus on winning back the trust of consumers, as the effects of the 2008 recession and bad banker behaviour leave their mark.
Global leaders have recently expressed growing concern over a possible currency war, in which nations purposely devalue their own dollar in order to stimulate trade. What are the implications for Canada’s economy as well as the global markets?