The Bank of Canada observes reduced housing market overheating risks due to cooling demand and ongoing affordability challenges. Elevated borrowing costs and ...

Canadian real estate faces its toughest market conditions since the 90s recession, particularly in the Toronto condo market. High investor presence, rising ...

Canadian mortgage rates have fallen to a 17-month low following the Bank of Canada's recent rate cuts, presenting new opportunities for borrowers despite a ...

The prime rate in Canada is a benchmark interest rate set by financial institutions, influencing the rates for various lending products. It directly impacts ...

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, ...

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 ...

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 ...

Canadian unemployment could exceed 7% if interest rates are not cut soon, warns a National Bank economist. The labour market struggles, prompting urgent calls ...

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 ...

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 ...

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 ...

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 ...