Rate hike threat hangs over Canada's tentative spring housing recovery

5/15/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Canada's housing market inched forward in April, but the gains were shadowed by surging oil prices, geopolitical turbulence from the conflict in Iran, and the spectre of a ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Interest Rate Forecast, Interest Rates

BoC to stay on hold through 2026 after latest GDP update, economists say

1/30/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Canada’s economy looked to have stalled heading into year‑end, and that has forecasters leaning harder toward a Bank of Canada rate freeze that could stretch through ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada GDP, Canada Inflation Rate, Canada Living, Interest Rate Forecast, Mortgage Rate Forecast

Bank of Canada delivers final rate decision of 2025

12/10/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada has left interest rates unchanged in its last decision of the year, holding the policy rate steady amid lingering uncertainty over inflation and the economic ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada GDP, Canada Inflation Rate, Economic Growth

Hopes of big Bank of Canada rate cuts are fading fast

11/12/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The central bank’s latest survey shows few market watchers are holding out on more cuts. What’s next for the mortgage market? ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Canada Living

Cooling inflation keeps Bank of Canada on track for a rate hold despite ongoing shelter pressures

11/17/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Economists still expect a December hold, despite sticky core readings and ongoing pressure from shelter costs. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Canada Living

Scotiabank says the Bank of Canada's next move will be a rate hike

11/16/2025 | Posted in Interest Rates by Jessi Sandhu

The bank’s economists believe the rate-cut cycle is over, and that Governor Macklem could be raising rates again by the second half of 2026. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Interest Rate Forecast

North America set to cut rates as rest of G-7 looks on

10/26/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Policy-makers in Washington and Ottawa will take the spotlight in the coming week, with interest-rate cuts in those two capitals likely while the rest of the Group of Seven stays ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Canada Living, Economic Growth

'Very strong case' for Bank of Canada cut this week, if inflation data co-operates

9/15/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Economists and markets are expecting the Bank of Canada to cut its policy rate by a quarter point on Wednesday, barring any major surprises in the inflation data set to be ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Economic Growth

BoC to look for stronger signals before cutting rates as inflation holds steady

6/24/2025 | Posted in Canada Living by Jessi Sandhu

Economists weigh in on whether a summer rate cut could be on the table after latest inflation figures ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Canada Living, Interest Rates, Mortgage Rates Canada

BoC cut now looks more likely as tariffs hit Canadian jobs

5/9/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Unemployment jumped in April, strengthening the case for a June rate reduction ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Canada Living, Canadian Debt, Economic Growth

BoC holds rate at 2.75%, outlines two paths for economy as trade tensions cloud outlook

4/16/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty triggered ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada GDP, Canada Inflation Rate, Canada Living, Canadian Households, Canadian Housing Market, Economic Growth, Variable Rate Mortgages

Are Canadian interest rates about to nosedive?

2/4/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Tariffs are off the table for now – but both fixed and variable rates could still tumble ... More

Tags: Canada Inflation Rate, Canada Living, Canadian Housing Market, Interest Rate Forecast, Interest Rates

Bank of Canada cuts rates in first decision of 2025

1/29/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The central bank said on Wednesday morning that it had trimmed the key rate by 25 basis points, a move that brings it to 3% but also marks a smaller reduction than its previous ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate

Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening

1/29/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate

Bank of Canada weighs first move of 2025

1/20/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada (BoC) is preparing to make its first key policy decision of the year on January 29, with Canadians eager to see whether the central bank will cut its overnight ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Variable Rate Mortgages