The central bank’s Deputy Governor Lawrence Schembri says the growing home prices aren’t going unnoticed. However, he did not specify whether the Bank of Canada plans any action in addition to monitoring closely the risks to the financial system. “We’re paying attention to the...

Today’s red hot real estate markets in Canada are making one of North America’s best known economists warn about extreme danger. According to David Rosenberg, the chief economist and strategist at Rosenberg Research, Canadian housing valuations is a “huge bubble”. “It might be one...

On Wednesday, the central bank kept its key lending rate and its asset purchase program unchanged. Such a move may cool down the speculation about reducing the stimulus campaign in the nearest future. The Bank of Canada Governor Tiff Macklem held the overnight rate...

The central bank may start reducing its stimulus in the nearest future, as Canada’s economy shows an unexpectedly strong rebound, and the first hints concerning the BoC’s next moves could appear this week already. Economists expect the Bank of Canada to keep its key...

According to certain economists and Canada’s largest banks, the national real estate market may face speculative activity, leading to new measures from regulators. It’s been months already, that we’re seeing extremely low mortgage rates combined with a stronger demand for larger homes and a...