The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Major economies around the world continue to show resilience to US trade protectionism, but uncertainty is still high. In the United States, economic growth… Read More

CBC News ~ November 26th, 2025 Equifax Canada says the number of consumers missing a non-mortgage debt payment in the third quarter rose compared with a year ago. The company says the 90-day non-mortgage balance delinquency rate was 1.63 per cent, up 14 per cent compared with the third quarter […]

Financial Post ~ November 6th, 2025 The path for rates now largely rests on how much harder (or lighter) Trump hits Canada with tariffs With United States President Donald Trump’s tariff policy still fogging up Canada’s economic outlook, mortgage rates remain in a two-year downtrend. And yet, despite the Bank […]

CBC News ~ October 29th, 2025 The Bank of Canada lowered interest rates to 2.25 per cent on Wednesday, but cautioned that monetary policy can’t fix the structural economic damage caused by the U.S. trade war. The central bank said it made the 25-basis-point cut as weakness ripples through the […]

Canadian Mortgage Trends ~ October 10th, 2025 Canada added 60,400 jobs in September, erasing August’s losses and raising the odds of a Bank of Canada rate pause later this month. The stronger-than-expected rebound immediately sparked questions about whether the central bank will follow through with another cut at its Oct. […]

Canadian Mortgage Trends ~ September 25th, 2025   Potential first-time homebuyers are continuing to put off purchases this year despite improving market conditions such as lower interest rates, rising inventory and softening prices, a new report says.   The data from Royal LePage’s latest first-time homebuyers survey, conducted by Burson, […]

Global News ~ September 20th, 2025 As the Bank of Canada on Wednesday lowered its overnight benchmark by 25 basis points from 2.75 per cent to 2.5 per cent, experts say homeowners looking to renew their mortgages have a chance to save. Commercial lenders, like private banks, base their rates […]

September 17th, 2025 The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. After remaining resilient to sharply higher US tariffs and ongoing uncertainty, global economic growth is showing signs […]

Global News ~ August 2nd, 2025 With the Bank of Canada holding interest rates again, economists and real estate experts say the housing market’s “new normal” may be looking more and more like the “old normal” from before the COVID-19 pandemic. “What we have now with more supply in the […]

Canadian Mortgage Trends ~ July 28th, 2025 As a tariff storm blew in from south of the border earlier this year, many industries in Canada, including the home building sector, feared the unknown ahead of them. With stakeholders already keenly aware of the need to rapidly scale up housing supply […]