With the Bank of Canada once again raising interest rates to fight inflation, it remains unclear when a pause might come. The BoC raised its benchmark interest rate by another 25 basis points, bringing it to its highest level since 2001. For the average...

In the report of the bankruptcy firm MNP Ltd. it is said that 52% of Canadians say they are only $200 away from not being able to pay all their bills at the end of the month as higher interest rates and rising costs...

In June, Canada’s economy added more jobs than economists had forecast, prompting some experts to predict another rate hike by the country’s central bank at its next meeting scheduled for July 12. The economy added 60,000 jobs last month, compared to the 20,000 economists...

As Toronto home sales slowed month-on-month in June, one market analyst noted that the current market cooling is out of seasonal patterns, due in part to higher borrowing costs. Home sales in the Greater Toronto Area rose 3.2% year-over-year to $1,182,120 in June, according...

Many economists are predicting more rate hikes by the Bank of Canada in July, but at least one strategist thinks the cycle could end soon. Warren Lovely, chief rate strategist at National Bank Financial, predicts a slowdown in economic growth by the end of...