Wednesday’s announcement that the Bank of Canada has slashed its overnight lending rate by half a percentage point is “great news for the economy,” says […]
Tag: Bank of Canada
‘Me-cession’: If the economy’s not tanking, why does it feel like it is?
Many Canadians today are feeling the pinch and reining in their spending, waiting out harsh economic winds in a pattern of behaviour typical of major […]
The results are in: June’s rate cut didn’t revive Canada’s housing market
Fresh home sales data has finally answered the question for real estate watchers: The Bank of Canada’s initial interest rate cut in June did not […]
Some fixed mortgage rates are up despite hints of Bank of Canada cuts. Why?
Market watchers say some Canadian lenders are raising their fixed-mortgage rates on offer despite indications from the Bank of Canada that rate cuts are possible […]