Government Unveils Sweeping Mortgage Reforms to Boost Homeownership
In a landmark move aimed at making homeownership more accessible for Canadians, the federal government has announced its most significant […]
Bank of Canada Lowers Policy Rate by 25 Basis Points to 4.25%
The Bank of Canada has announced a reduction in its target for the overnight rate, bringing it down by 25 […]
Bank of Canada Reduces Policy Rate Amid Signs of Economic Adjustment
The Bank of Canada has announced a reduction in its target for the overnight rate by 25 basis points, bringing […]
Canadian Economy Shows Slower-Than-Expected Growth: A Prelude to Interest Rate Cuts?
The Canadian economy has entered 2024 with less momentum than anticipated, sparking discussions about potential policy changes by the Bank […]
Important Announcement: Bank of Canada Maintains Overnight Rate at 5%
In today’s decision, the Bank of Canada has opted to keep its target for the overnight rate at 5%, maintaining […]
The Pros and Cons of Fixed vs. Variable Mortgages
In the ever-evolving landscape of the mortgage industry, choosing between a fixed and variable mortgage has become a critical decision […]
Stagnant Canadian Economy Raises Concerns of Looming Recession
Statistics Canada’s recent disclosure that the nation’s GDP remained static in August has stirred worries about the Canadian economy ‘s […]
Bank of Canada Holds Steady on Rates and Continues Fiscal Tightening Amid Economic Fluctuations
The Bank of Canada recently announced that it will maintain its existing monetary policy, holding the overnight rate at 5%, […]
A Silver Lining in the Inflation Clouds: September Inflation Analysis
Inflation Data Reveals Positive Trends The recent inflation data for September has brought a glimmer of hope, breaking a consecutive […]
Bank of Canada Signals End to Interest Rate Hikes: What Lies Ahead for the Economy
In a recent survey conducted by Bloomberg, economists have projected that the Bank of Canada will maintain its key interest […]