The significant decline in February’s headline inflation means that interest rates may have reached their peak already and the next change will be a reduction. At least, according to ING’s Chief International Economist James Knightley, who points to the second consecutive month of annual...

Canadian realtors believe potential buyers which were priced out of the market earlier will return to house hunting this spring. They expect Canadians to get back to the market as the central bank stopped its rate-increasing cycle. The fast cycle of sharp hikes eroded...

The latest report by Statistics Canada shows that the annual pace of inflation cooled last month, marking the strongest slowdown since April 2020. According to recent data, the consumer price index rose by 5.2% in February on a year-over-year basis, following an increase by...

On Sunday, some of the world’s largest central banks came together in order to implement measures aimed at stopping a banking crisis from spreading, as Swiss government persuaded UBS Group AG to buy rival Credit Suisse Group AG. According to the deal terms and conditions, UBS...

When in 2022 interest rates reached their highest level in more than ten years, many Canadian homebuyers were forced to leave the market and postpone their purchase. However, a new report by Royal LePage shows that most of them are planning to return to...