10/1/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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A growing number of industries are now moving closer to their pre-pandemic output levels, as Canada’s gross domestic product increased by 3% monthly in July, according to ... More

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  9/9/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada reiterated its pledge to keep interest rates at historic lows for years to come, but dialed back its willingness to take even more aggressive action and said it ... More

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  8/28/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada is starting to worry about inflation. Not because it sees any, mind. ... More

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  6/3/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada held its benchmark interest rate steady at 0.25 per cent on Wednesday and said it thinks the economic impact of COVID-19 on the world's economy ... More

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  6/1/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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A new survey of 15 economists from Canadian banks, financial institutions and academia suggest that 0.25% interest rate could be around for more than a year, maybe two. ... More

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  4/15/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, citing ... More

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  3/27/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement. ... More

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  3/17/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Big Six banks are slashing their prime lending rates 50 basis points to 2.95 per cent from 3.45 per cent in response to the plunge in the benchmark Bank of Canada interest ... More

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  3/13/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada cut its trend-setting interest rate by half a percentage point to 0.75 per cent from 1.25 per cent in a surprise move on Friday aimed at softening the economic ... More

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  3/2/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Just a few days before the Bank of Canada’s March 4 meeting, the Monetary Policy Council of the C.D. Howe Institute called on the institution to lower its benchmark policy ... More

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  12/18/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings. ... More

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  12/5/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada kept its key interest rate on hold as expected at 1.75 per cent where it has been for more than a year as it said Wednesday that ongoing trade conflicts and ... More

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  10/21/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The cost of living was higher across many products and services in September. ... More

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  7/10/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists. ... More

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  7/3/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics. ... More

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  6/20/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More

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  5/6/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason. ... More

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  4/29/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Canadians now owe an average of $1.79 for every dollar of disposable income. ... More

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  2/28/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Capital Economics predicts that The Bank of Canada will cut its key lending rate in December as a weakening housing market and oil sector headwinds drag GDP growth back below ... More

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  1/14/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The central bank will most likely refrain from further hikes “given increased market volatility and more restrictive financial conditions. ... More

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  1/5/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Ahead of the Bank of Canada’s first policy meeting of the year, scheduled for next week, Capital Economics is back at it again. ... More

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  12/5/2018 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada is leaving its key interest rate unchanged. ... More

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  12/4/2018 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada will announce its December interest rates decision Wednesday and few are expecting a Grinch-like pre-Christmas shock. ... More

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