With inflation and interest rates continuing to rise there are renewed concerns about housing affordability in Canada. Statistics Canada pegged the inflation rate at 7.7% in May, [...]

Today the Bank of Canada announce they are increasing its trendsetting interest rate by .50% bringing the overnight rate to 1½%.  This is the second consistent oversized [...]

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 [...]

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 [...]

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 [...]

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 [...]