Bank of Canada maintains policy rate and forward guidance
The Bank of Canada has stayed the course on interest rates in its final scheduled announcement of the year, indicating no change to its projection that its [...]
A change in tone on inflation
In its most recent rate setting the Bank of Canada decided, once again, to hold steady at 0.25%. But in comments after the announcement, Governor Tiff Macklem [...]
Changing affordability and maximum mortgages
Canadian home buyers are taking their mortgages to the max. The latest Consumer Survey by Canada Mortgage and Housing Corporation suggests more than 65% of recent home [...]
Latest Bank of Canada Announcement
The Bank of Canada made its fifth interest rate decision of 2021 and updated its outlook for inflation and economic growth. The Bank held its overnight rate [...]
The light at the end of the tunnel shines on more spending
As COVID-19 continues to be pushed down in Canada, consumer spending is expected to go up. The latest survey by the Bank of Canada suggests that will [...]
Inflation forecast
Much of the economic talk so far this year has centered on interest rates. The main questions have been when they will start to rise and by [...]