BoC expected to hold in December as GDP improves - but underlying weakness lingers
11/28/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Stronger-than-expected GDP data supports a December rate hold from the Bank of Canada, but economists warn underlying weakness remains. ...
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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. ...
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What does BoC's latest rate cut mean for Canada's housing market?
10/29/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
Lower rates ease payments, but buyers and lenders stay cautious ...
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Canada's big banks diverge on 2026 rate forecasts as easing cycle nears its end
10/17/2025 | Posted in Interest Rates by Jessi Sandhu
After a year of expected rate cuts, forecasters are starting to question how long Canada’s easing cycle will last—and whether rates might start rising again in 2026. ...
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RBC expects Bank of Canada to cut rates in October
10/13/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Royal Bank of Canada (RBC) has projected that the Bank of Canada (BoC) will deliver another 25 basis point rate cut in October, following its September move to restart the ...
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Two of the big six revise likelihood of a BoC cut
9/5/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Nova Scotia and the Bank of Montral have both changed their forecast for the upcoming Bank of Canada interest rate decision set to be announced on September 17. ...
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Fed signals rate cut ahead, fuelling speculation about BoC's next move
8/25/2025 | Posted in Interest Rates by Jessi Sandhu
Fresh signs from inflation and trade could soon alter the path for interest rates in Canada ...
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Latest central bank decision sees no relief for mortgage borrowers
7/31/2025 | Posted in Interest Rates by Jessi Sandhu
Variable rates are set to remain unchanged, while fixed-rate borrowing costs aren't likely to fall anytime soon ...
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Mortgage Digest: RBC expects no further BoC rate cuts
7/14/2025 | Posted in Interest Rates by Jessi Sandhu
Canada’s big banks are divided on how much further the Bank of Canada will cut, with RBC now saying the rate has likely bottomed, while others still expect more easing ...
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Scotiabank now sees three Bank of Canada rate cuts in 2026
4/29/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu
Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. ...
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Further Bank of Canada cuts still likely in 2025 despite cautious language
3/25/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The central bank is treading carefully on the question of lowering rates again, but it may have no other choice ...
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Economists react to the Bank of Canada's 25-bps rate cut: What's next for rates?
3/12/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
The Bank of Canada cut its overnight rate by 25 basis points to 2.75%, its seventh straight cut. While expected, the move comes as the Bank tries to navigate economic uncertainty ...
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Bank of Canada expected to cut rate amid trade uncertainty
3/10/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The Bank of Canada’s interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States. ...
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BoC now expected to slash rates further as trade crisis escalates
3/5/2025 | Posted in Interest Rates by Jessi Sandhu
The Bank of Canada is now likely to cut interest rates at each of its next four announcements as the Canadian economy reels from the impact of Donald Trump’s tariffs, ...
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Canadian fixed, variable mortgage rates could tumble in trade war
3/5/2025 | Posted in Interest Rates by Jessi Sandhu
Trudeau says Trump is using the tariffs to destroy the Canadian economy and annex Canada as political leaders and economists weigh in on the growing crisis. As a result, the Bank ...
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Interest rate cut becomes almost certain as Trump confirms tariffs
3/3/2025 | Posted in Interest Rates by Jessi Sandhu
Loonie plummets, stocks fall, but maybe some relief for mortgage borrowers ...
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BMO forecasts 1.50% BoC rate by year-end if U.S. imposes tariffs on Canada
2/4/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Canada received a temporary reprieve from U.S. tariffs for at least 30 days, but if enacted, BMO warns the Bank of Canada may be forced to cut its policy rate to 1.50% by ...
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Canadian fixed mortgage rates are dropping as U.S. tariffs shake markets
2/3/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Canada’s 5-year bond yield has fallen to its lowest level since June 2022, following fresh concerns over economic uncertainty and global trade tensions. ...
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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 ...
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Housing and interest rate forecasts for 2025
12/30/2024 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
As we reflect on 2024, it was a year of resilience and adjustment for Canada’s housing and mortgage market, marked by the Bank of Canada’s pivot to rate cuts after two ...
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By how much could the Bank of Canada cut rates in December?
11/26/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
The Bank of Canada (BoC) is preparing for its final rate announcement of 2024 on December 11, with economists anticipating a potential further reduction in its lending rate that ...
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Hidden Bank of Canada clues point to another big cut: CIBC economists
11/22/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Various signs point to the Bank of Canada (BoC) cutting interest rates by another half percentage point in December, even if the bank hasn’t said so explicitly, CIBC ...
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Rate cut showdown: 25 or 50 bps? Economists split on Bank of Canada's next move
10/11/2024 | Posted in Interest Rates by Jessi Sandhu
Strong employment results for September have tempered Bank of Canada rate cut expectations for later this month. ...
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Mortgage Digest: 50% odds of a 50-bps October rate cut, experts say
10/1/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Markets are increasingly betting on the Bank of Canada delivering a 50-basis point rate cut during its October 23 policy decision, with the odds now sitting at around 53% ...
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Bank of Canada to Start Jumbo Rate Cuts by December, CIBC Says
9/12/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
One of the country’s biggest lenders says the Bank of Canada will accelerate the pace of monetary easing in order to stave off recession. ...
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The Bank of Canada is expected to cut rates again, with U.S. Fed on deck
9/3/2024 | Posted in Interest Rates by Jessi Sandhu
The Bank of Canada is widely expected to deliver a third consecutive interest rate cut on Wednesday as inflationary forces continue to cool on both sides of the Canada-United ...
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Bank of Canada seen cutting rates faster after weak U.S. jobs data
8/3/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Markets are betting the Bank of Canada will cut at each of its remaining interest rate decisions this year as the labor market in the U.S. looks to be loosening faster than ...
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The Big Banks are slashing their interest rate forecasts
8/8/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
TD, CIBC and BMO have led the way with their revised forecasts, with all now expecting the Bank of Canada to cut interest rates faster and deeper over the next 16 months. ...
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Fixed mortgage rates are falling again. Here's why
8/1/2024 | Posted in Mortgage Interest Rates by Jessi Sandhu
Canadian lenders are cutting fixed mortgage rates following a drop in bond yields. But what’s behind these latest moves? ...
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Borrowers must adapt to 'new normal' of higher rates, says Macklem
6/16/2024 | Posted in Mortgage Interest Rates by Jessi Sandhu
Interest rates may slowly start to be easing around the world, but they won’t be returning to pandemic levels and borrowers will need to adjust accordingly. ...
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