10/7/2024 | Posted in Canadian Economy and Interest Rates by Jason Codell
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An ex-member of the Bank of Canada’s governing body said officials should cut borrowing costs by half a percentage point later this month. ... More

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  5/2/2024 | Posted in Canadian Economy and Interest Rates by Jason Codell
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Economic stagnation prompts the Bank of Canada to plan a rate cut in June, contrasting with the US Federal Reserve's strategy ... More

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  3/9/2024 | Posted in Canadian Economy and Interest Rates by Jason Codell
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The Bank of Canada elected to hold interest rates steady at 5 per cent. ... More

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  2/9/2024 | Posted in Canadian Economy and Interest Rates by Jason Codell
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Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More

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  1/31/2024 | Posted in Canadian Economy and Interest Rates by Jason Codell
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Canada’s economy outperformed growth expectations to end the year, which means the Bank of Canada could feel less pressure to start cutting rates in the near term, ... More

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  1/4/2024 | Posted in Canadian Housing Market Predictions by Jason Codell
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The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, according to a new forecast by Deloitte Canada. ... More

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  12/15/2023 | Posted in Canadian Economy and Interest Rates by Jason Codell
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The Bank of Canada’s top official said policymakers will consider cutting interest rates when inflation is “clearly” on a path to the two per cent target, but ... More

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  11/3/2023 | Posted in Canadian Economy and Interest Rates by Jason Codell
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Canada’s unemployment rate ticked up two basis points to 5.7% in October, suggesting the Bank of Canada can now remain “firmly on the sidelines,” economists say. ... More

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  10/25/2023 | Posted in Canadian Economy and Interest Rates by Jason Codell
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The Bank of Canada delivered its second straight rate hold today, but signalled that it remains concerned about inflationary risks and price pressures. ... More

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  9/1/2023 | Posted in Canadian Economy and Interest Rates by Jason Codell
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Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end. ... More

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  4/15/2020 | Posted in Canadian Economy and Interest Rates by Jason Codell
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The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, citing ... More

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  3/27/2020 | Posted in Canadian Economy and Interest Rates by Jason Codell
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The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement. ... More

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  3/19/2020 | Posted in Canadian Economy and Housing Market by Jason Codell
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More

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  3/13/2020 | Posted in Canadian Economy and Interest Rates by Jason Codell
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The Bank of Canada cut its trend-setting interest rate by half a percentage point to 0.75 per cent from 1.25 per cent in a surprise move on Friday aimed at softening the economic ... More

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  1/22/2020 | Posted in Mortgages and Real Estate by Jason Codell
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The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy. ... More

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  12/18/2019 | Posted in Canada Living by Jason Codell
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There will be growth for the Canadian economy in the next two years as the country avoids recession. ... More

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  11/25/2019 | Posted in Global Real Estate Markets by Jason Codell
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A global recession would bring challenges for the global real estate market but it is unlikely next year according to one major firm’s leader. ... More

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  9/23/2019 | Posted in Commercial Real Estate by Jason Codell
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The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report. ... More

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  9/4/2019 | Posted in Interest Rates by Jason Codell
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More

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  8/2/2019 | Posted in Canadian Economy and Housing Market by Jason Codell
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Here’s a look at how lower rates south of the border could ripple through our country, according to five experts. ... More

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  6/20/2019 | Posted in Canadian Economy and Interest Rates by Jason Codell
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More

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  5/22/2019 | Posted in Canadian Economy and Housing Market by Jason Codell
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

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  5/21/2019 | Posted in Interest Rates by Jason Codell
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t know ... More

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  5/1/2019 | Posted in Interest Rates by Jason Codell
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The latest reading of Canada’s economy brings both good and bad news for the housing market. ... More

Real Estate & Mortgage News

  4/1/2019 | Posted in Real Estate Market by Jason Codell
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The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate brokerages. ... More

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  3/12/2019 | Posted in Canadian Housing Market by Jason Codell
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Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate. ... More

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  3/10/2019 | Posted in Canadian Economy and Housing Market by Jason Codell
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says. ... More

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