User Posts: Vikas Palan
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Bank of Canada Lowers Interest Rates for the second consecutive time to Support the Economy
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The Bank of Canada has cut interest rates again, lowering the overnight rate to 4.50%. This move aims to control inflation while supporting the economy, ...

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Inflation Falls to 2.7% in June, Driven by Slower Growth in Gas Prices: StatCan
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Canada's inflation rate dropped to 2.7% in June, primarily due to slower growth in gasoline prices. Statistics Canada notes a significant impact from falling ...

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Which Single Factor Could Derail the BoC’s Rate Cuts?
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Wage growth remains the key factor that could derail the Bank of Canada's planned rate cuts, despite stability in the Canadian dollar and housing market. The ...

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Canadian Unemployment Could Surpass 7% Without Timely Interest Rate Cuts: National Bank
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Canadian unemployment could exceed 7% if interest rates are not cut soon, warns a National Bank economist. The labour market struggles, prompting urgent calls ...

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Bank of Canada to Delay Rate Cuts Until September, Deloitte Reports, Amid Continued Economic Recovery
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The Bank of Canada will delay interest rate cuts until September, according to Deloitte, as the economy recovers. Inflation rose to 2.9% in May, complicating ...

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Bank of Canada’s July 2024 Rate Decision in Doubt After Inflation Heats Up
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The Bank of Canada’s July 2024 rate decision is uncertain following a rise in inflation from 2.6% in April to 2.9% in May. This unexpected increase complicates ...

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Canada Inflation Rate & CPI December 2024
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Canada's inflation rate dropped to 2.7% in April 2024, down from 2.9% in March. Excluding gasoline, inflation was 2.5%. The decline is largely due to reduced ...

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Bank of Canada Rate Cut Sparks Concern Over Housing Market Impact
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The Bank of Canada’s recent interest rate cut has sparked concerns over a potential overheating of the housing market, as outlined in their June 5 policy ...

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The Role of Mortgage Brokers in Canada: Why You Need One in 2024
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Understand the benefits of working with a mortgage broker in Canada in 2024. Access multiple lenders, receive expert advice, and secure better mortgage rates ...

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How to Navigate Mortgage Renewals in 2024: Tips for Canadian Homeowners
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Navigate your mortgage renewal with confidence in 2024. Start early, shop around, and consider your financial goals to secure the best terms and rates for your ...

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