According to a Bank of Canada Deputy Governor Tim Lane, the BoC worries about the possibility that inflation may appear to be stronger than expected, and policy makers are ready to adjust their policies in case it’s necessary. On Wednesday, Lane pointed to the...

In January, Canada’s real estate prices showed a record monthly hike, caused by a decline in the number of listings leading to extremely tight market conditions. According to a new report by the Canadian Real Estate Association (CREA), an average house price rose by...

Today’s borrowing costs are so low and home prices growth is so fast, that home ownership has changed its meaning. The main thing is that we’ve changed our attitude to mortgage debts. The times when people did everything they could to pay it off...

As the US inflation showed the highest result in 40 years last month reaching 7.5%, Canadian experts are waiting to see how possible Federal Reserve rate increases may affect fiscal policy here. The January gain of 0.6% from December seen in the US, exceeded...

Canadian bond yields, which influence fixed mortgage rates directly, went up as the central bank plans to tighten its monetary policy, and a new report from RBC Economics expects more increases in 2022. According to RBC, both the Bank of Canada and Federal Reserve, will raise...