Tag Archives: mortgages

Inflation rises to 1.9% in June as vehicle price hikes accelerate
The annual pace of inflation accelerated to 1.9 per cent in June as consumers were paying more at car dealerships, Statistics Canada said Tuesday. The June price hike is up from 1.7 per cent in May an...
Andrew Dawson Jul 15, 2025 Statistics Canada released June inflation figures on Tuesday. A person pumps fuel in Toronto, on Wednesday, September 12, 2012. THE CANADIAN PRESS/Michelle Siu

CREA reports home sales fell in February amid tariff uncertainty
The Canadian Real Estate Association says home sales in February fell to their lowest level in more than a year as homebuyers stayed on the sidelines amid the uncertainty created by the trade war with...
Harvard Media Mar 17, 2025
Bank of Canada cuts key rate by quarter point to 3% as tariffs threat loom
The Bank of Canada delivered another interest rate cut today, reducing its policy rate by a quarter-percentage point to three per cent. It's the central bank's sixth straight cut since June, with infl...
Harvard Media Jan 29, 2025
BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward
The Bank of Canada lowered its key interest rate by half a percentage point today but signalled a slower pace of rate cuts moving forward. The decision marked the fifth c...
Jon Troth Dec 11, 2024

Bank of Canada holds key rate steady at five per cent, says too early to cut
The Bank of Canada is holding its key interest rate steady at five per cent today, arguing it is still too soon to start lowering rates. The central bank says inflation has continued to ease and the e...
Harvard Media Mar 06, 2024

Economists see 'turning point' in housing market this year as interest rate cuts loom
After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a rebound in 2024. After a year marked by cau...
Harvard Media Jan 08, 2024