9/4/2019 | Posted in Interest Rates by Kit Blott
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More
8/20/2019 | Posted in Interest Rates by Kit Blott
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A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says. ... More
8/2/2019 | Posted in Canadian Economy and Housing Market by Kit Blott
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Here’s a look at how lower rates south of the border could ripple through our country, according to five experts. ... More
7/21/2019 | Posted in Mortgages and Real Estate by Kit Blott
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The Bank of Canada's rate used by mortgage stress tests to determine whether would-be homeowners can qualify has dropped for the first time in three years. ... More
7/10/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists. ... More
7/3/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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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. ... More
6/20/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More
5/29/2019 | Posted in Interest Rates by Kit Blott
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The Bank of Canada today maintained its target for the overnight rate. ... More
5/27/2019 | Posted in Interest Rates by Kit Blott
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The Bank of Canada will make its May interest rate decision Wednesday but it’s unlikely there will be a change according to a panel of experts. ... More
5/21/2019 | Posted in Interest Rates by Kit Blott
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t know ... More
5/9/2019 | Posted in Mortgages and Real Estate by Kit Blott
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Bank of Canada Governor Stephen Poloz suggested that lenders should encourage mortgage products with longer terms as a means of distributing risk more evenly and insulating the ... More
4/29/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Canadians now owe an average of $1.79 for every dollar of disposable income. ... More
4/24/2019 | Posted in Interest Rates by Kit Blott
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Bank of Canada keeps rates steady, cuts language about future hikes. ... More
4/3/2019 | Posted in Mortgages and Real Estate by Kit Blott
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The Bank of Canada is likely to stand pat on interest rates for the remainder of this year and well into 2020, according to the chief economist of BMO Financial Group. ... More
4/2/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Poloz's optimism Monday about the future could ease speculation the central bank could lower rates. ... More
3/15/2019 | Posted in Interest Rates by Kit Blott
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The Bank of Canada will likely hold off raising interest rates through all of 2020, and could even cut rates later this year, according to TD Securities’ senior rates ... More
3/10/2019 | Posted in Canadian Economy and Housing Market by Kit Blott
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says. ... More
3/6/2019 | Posted in Interest Rates by Kit Blott
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The Bank of Canada (BoC) is keeping its key interest rate target on hold at 1.75 per cent on Wednesday, citing concerns about the global economy and Canada’s own recent ... More
2/28/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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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
2/25/2019 | Posted in Interest Rates by Kit Blott
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The Bank of Canada began raising its key overnight lending rate in July 2017 and it’s now at the highest level in a decade. Accustomed to historically low and even negative ... More
2/22/2019 | Posted in Interest Rates by Kit Blott
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Stephen Poloz says the upward path for interest rates is 'uncertain'. ... More
2/1/2019 | Posted in Canadian Housing Market by Kit Blott
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The Bank of Canada has admitted that the economic impact of strict mortgage regulations, local housing restrictions, and the upward trend in interest rates was more serious than ... More
1/16/2019 | Posted in Interest Rates by Kit Blott
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What the Bank of Canada's decision to hold its key rate means for borrowers and savers. ... More
1/14/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The central bank will most likely refrain from further hikes “given increased market volatility and more restrictive financial conditions. ... More
1/9/2019 | Posted in Mortgage Interest Rates by Kit Blott
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The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming ... More
1/5/2019 | Posted in Canadian Economy and Interest Rates by Kit Blott
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Ahead of the Bank of Canada’s first policy meeting of the year, scheduled for next week, Capital Economics is back at it again. ... More
12/14/2018 | Posted in Mortgage Interest Rates by Kit Blott
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Just a few months ago economists were predicting that the Bank of Canada would take a bullish stance on interest rates following its talk of ‘normalization’ of the ... More
12/7/2018 | Posted in Canadian Economy and Housing Market by Kit Blott
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Rising interest rates and new mortgage rules have finally forced an end to years of rapid lending, according to the latest data from Bank of Canada. ... More
12/6/2018 | Posted in Mortgage Interest Rates by Kit Blott
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If you’re shopping for a mortgage and believe what the bond market is telling us, it implies your odds of success with a fixed rate may have just changed. ... More
12/5/2018 | Posted in Canadian Economy and Interest Rates by Kit Blott
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The Bank of Canada is leaving its key interest rate unchanged. ... More
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