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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 ... More

The Bank of Canada hiked interest rates again this week in response to persistently high inflation, prompting questions about the role of mortgages in the ongoing battle with ... More

Economists weigh in on the possibilities for the central bank’s policy rate

The Bank of Canada's governing council considered waiting until July to raise interest rates, but ultimately decided to act sooner in the face of hot economic data.

Hawkish monetary policy and inflation posing headwinds for borrowers, latest figures suggest

Could the prospect of persistently high rates spell trouble for the market’s stability?

The Bank of Canada will have to keep rates higher for longer unless governments do more to dial back their spending, one of the country’s largest commercial lenders ... More

Variable-rate borrowers will see their interest cost on their next mortgage payment rise as banks and other financial institutions have lifted their prime rates to a 22-year ... More

Many economists are now pencilling in another hike in July

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, ... More

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.

The Big Six banks are slashing their prime lending rates 50 basis points to 2.95 per cent from 3.45 per cent in response to the plunge in the benchmark Bank of Canada interest ... More

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 ... More

Just a few days before the Bank of Canada’s March 4 meeting, the Monetary Policy Council of the C.D. Howe Institute called on the institution to lower its benchmark ... More

TD economists says the cost of servicing debts should ease early in 2020

Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings.

The Bank of Canada kept its key interest rate on hold as expected at 1.75 per cent where it has been for more than a year as it said Wednesday that ongoing trade conflicts and ... More

The cost of living was higher across many products and services in September.

The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists.

The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics.

Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold ... More

Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason.

Canadians now owe an average of $1.79 for every dollar of disposable income.

Poloz's optimism Monday about the future could ease speculation the central bank could lower rates.

Capital Economics predicts that The Bank of Canada will cut its key lending rate in December as a weakening housing market and oil sector headwinds drag GDP growth back below ... More

The central bank will most likely refrain from further hikes “given increased market volatility and more restrictive financial conditions.

Ahead of the Bank of Canada’s first policy meeting of the year, scheduled for next week, Capital Economics is back at it again.

The Bank of Canada is leaving its key interest rate unchanged.

The Bank of Canada will announce its December interest rates decision Wednesday and few are expecting a Grinch-like pre-Christmas shock.