The central bank may begin its cycle of interest-rate increases as soon as this week already, marking the first rise since 2018. Many economists and traders believe the Bank of Canada will raise its key lending rate by 0.25% on Wednesday, and more hikes...

Today, most markets expect the Bank of Canada to start raising its key lending rate next week. However, there are also other opinions. For instance, strategists at CIBC Capital Markets are keeping their forecasts of the first rate increase happening in a few months....

One more bank joins the list of those who expect the Bank of Canada to start raising its key lending rate as soon as next week. National Bank of Canada now predicts a 0.25% rate hike from the BoC to 0.50%, while earlier it...

Consumer price inflation showed the fastest growth pace in Canada last month over 30 years, increasing pressure on the central bank to start raising rates as soon as possible. According to Statistics Canada, annual inflation reached 4.8% in December, going up by 0.1% from...

It looks like builders in Canada are reducing some pressure from the tight real estate market, reporting the strongest performance of new construction since the 1970s. According to the Canada Mortgage and Housing Corp., the work on 271,198 homes was started in 2021, marking...