Experts agree that the rate hike cycle is likely over after the Bank of Canada left its key interest rate unchanged at its last meeting of the year on December 6. However, it may still be some time before the central bank starts cutting...

The Bank of Canada kept its key interest rate steady at five per cent, but did not rule out future rate hikes as its latest forecasts show inflation will remain high in the short term. “With clearer evidence that monetary policy is working, the...

After the Bank of Canada’s decision to keep the interest rate at the current level, expert opinions regarding the central bank’s further actions regarding interest rate policy were divided. On Wednesday, the Bank of Canada announced it was keeping its benchmark rate at 5%...

The Toronto Regional Real Estate Board (TRREB) reports that July home sales, supply (new listings) and prices are up year-over-year, but activity appears to be slowing down due to higher interest rates. TRREB reported on Thursday that market sales reached 5,250 last month, up...

According to one of the leading Canadian economists, signs of a slowdown in overall inflation in Canada should be enough for the country’s central bank to refrain from further rate hikes. Headline inflation in Canada eased to 2.8% year over year in June, according...