Greater Toronto Area home sales down nearly 8% in October: real estate board
Despite lagging real estate activity in the Greater Toronto Area this fall, improved certainty around…
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Bank of Canada says fiscal policy isn’t stoking inflation yet
Bank of Canada Governor Tiff Macklem said Prime Minister Mark Carney’s fiscal plans aren’t yet…
Canadian economy slows to 1.3% pace, weaker than BOC forecast
The Canadian economy is tracking 1.3% annualized growth between July and September, slowing down from…
Macklem warns U.S. deficits could push up Canadian borrowing costs
Bank of Canada Governor Tiff Macklem warned that U.S. borrowing is on an unsustainable trajectory…
Rate hike kicks Canada’s housing market when it’s down
The Bank of Canada raised its benchmark interest rate Wednesday in an effort to fight…
Bank of Canada raises policy rate to 2.50%
The Bank of Canada raised its overnight target rate by 25 basis points to 2.50%…
Mortgage arrears to rise further, but losses manageable: CIBC
Mortgage delinquencies are expected to rise further as renewals continue, but CIBC says other credit…
Bank of Canada seen hiking as oil creates stubborn inflation: Decision guide
By Erik Hertzberg (Bloomberg) — The Bank of Canada is likely to hike interest rates…
Economists brace for Bank of Canada hike, but some urge patience
Several economists expect a quarter-point increase on Wednesday, though some say softer economic data make…
Canada retail sales rebound set to continue in September
Canadian retail spending is on track to continue growing in September, although at a slower…