Bank of Canada Backs Away from Rate Hike Strategy in March Announcement
The Bank of Canada (BoC) officially turned dovish in today’s scheduled rate announcement, keeping its trend-setting Overnight Lending Rate untouched at...
Bank of Canada
Bank of Canada Holds January Rate as Low Oil Prices Persist
Lingering pain in the oil sector continues to derail the Bank of Canada’s plans, with lower-than-expected prices hampering economic growth...
No Change for Mortgage Rates in BoC December Announcement
The Bank of Canada, which sets the cost of borrowing for the nation’s consumer lenders, opted to leave interest rates...
Bank of Canada Hikes Interest Rate to 1.75% in October Announcement
Get ready, mortgage borrowers – interest rates are on the rise again. The Bank of Canada (BoC) has hiked its...
The BoC Holds Rate in September Announcement, But More Hikes to Come
The Bank of Canada has opted to leave its trend-setting Overnight Lending Rate untouched this month, after hiking it by...
Bank of Canada Hikes Rate to 1.5% in July Announcement
Growing trade volatility and tariff threats weren’t enough to sway the Bank of Canada from its upward swing: the central...
Bank of Canada Holds May Rate – but Hike is on Horizon
It’s not a question of if, but when. The Bank of Canada held its trend-setting interest rate at 1.25 per...
How Will Higher Bank of Canada Rates Impact Your Mortgage?
As expected, the Bank of Canada hiked its target for the overnight rate Wednesday morning, giving current and potential homebuyers...
Bank of Canada Hikes Rate to 1.25% in January Announcement
Interest rates are on the rise for the third time in six months, with the national cost of borrowing now...
Rising Home Prices Pose Biggest Economic Threat: Reports
Rapidly rising home prices have been a volatile issue in Canada for years, as shelter costs far outpace average incomes in...
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