It's helpful for homeowners or prospective homebuyers to be in the know about the latest mortgage updates in Canada.
Bank of Canada officials agreed on holding the overnight rate at 2.25% earlier this month, but are unsure whether their next policy shift will be to lower rates again or to raise them.
BENGALURU (Reuters) -The Bank of Canada will cut its overnight rate by a quarter point on September 17 as the labour market deteriorates and economic activity weakens, according to most economists in ...
Market-implied expectations for future policy rates are currently pricing in a quarter-point increase toward the end of 2026 ...
OTTAWA (Reuters) - The Bank of Canada reduced its key policy rate to a three-year low of 2.5% on Wednesday, the first cut in six months, and said it would be ready to cut again if risks to the economy ...
[Stay on top of transportation news: Get TTNews in your inbox.] Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut ...
Despite lingering inflation worries and rate-hike speculation, CIBC says Canada's economic picture in 2026 may be more stable ...
OTTAWA, Dec 11 (Reuters) - The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday to help address slower growth, though Governor Tiff Macklem indicated that further ...
Bank of Canada Gov. Tiff Macklem says the central bank is moving toward a meeting-by-meeting approach on further interest rate increases, based on how the economy responds to its rapid-fire tightening ...