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Category:
Economic
Canada’s Disappointing Growth Data from Q2 2023 May Halt Bank of Canada’s September Interest Rate Hike
July 28, 2023
Canada's Q2 2023 GDP growth of 0.3% disappoints, potentially halting Bank of Canada's September rate hike. This may provide some…
Did the Bank of Canada Increase Rates Too Much?
July 25, 2023
An in-depth analysis questions whether the Bank of Canada's rapid rate hikes were necessary as disinflationary forces and labor market…
Mortgage Minute 26: UGH! Bank of Canada Summer Rate Jump
July 14, 2023
The Bank of Canada's rate increase signals potential frustration for mortgage holders, with implications for variable and fixed rates. Economic…
Bank of Canada Expected to Increase Rate July 12th
July 10, 2023
The Bank of Canada is expected to raise rates by 0.25% on July 12, 2023, despite signs of a loosening…
Canada’s May inflation rate slows, weakening case for a July rate hike
June 27, 2023
Canada's May inflation rate slows, casting doubts on Bank of Canada's July rate hike. Annual inflation drops to 3.4%, the…
May Inflation Data coming June 27
June 20, 2023
As Canada awaits the May CPI release, concerns over inflation persist. Analysts question the Bank of Canada's rate hike decision…
Equifax Reports More Late Payments amid High Demand for Credit
June 15, 2023
Equifax® Canada's Market Pulse report reveals a high demand for credit in Q1 2023, while the mortgage market slows down.…
Weak May Employment Numbers May Stop July Rate Increase
June 9, 2023
Weaker May employment numbers in Canada could impact the Bank of Canada's rate announcement in July, potentially reducing the likelihood…
Variable-Rate Mortgage Holders Face More Challenges
June 8, 2023
The Bank of Canada's decision to raise interest rates again brings more challenges for variable-rate mortgage holders. With strong economic…
Mortgage Minute 25: Bank of Canada Raises Rates AGAIN!
June 7, 2023
The Bank of Canada raised its interest rate today, after holding it steady for a few months. Inflation is still…
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