1/27/2023 | Posted in Canadian Economy and Interest Rates by Anita Sava
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The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts ... More

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  1/25/2023 | Posted in Canadian Economy and Interest Rates by Anita Sava
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The Bank of Canada on Wednesday hiked its key interest rate to 4.5%, the highest level in 15 years, and became the first major central bank fighting global inflation to say it ... More

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  1/20/2023 | Posted in Canadian Economy and Interest Rates by Anita Sava
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Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the ... More

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  12/8/2022 | Posted in Canadian Economy and Interest Rates by Anita Sava
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"This is a significant difference in language, basically telling you that the Bank is willing to stop at this point if the data behaves"

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  12/7/2022 | Posted in Canadian Economy and Interest Rates by Anita Sava
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The Bank of Canada is increasing its key overnight interest rate by 50 basis points to 4.25 per cent. This is the seventh consecutive increase since the Bank began hiking rates ... More

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  11/8/2022 | Posted in Mortgage Interest Rates by Anita Sava
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Plus: The trajectory of interest rates throughout the year to date

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  10/26/2022 | Posted in Mortgage Interest Rates by Anita Sava
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The move marks the latest "supersized" rate jump of 2022

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  10/25/2022 | Posted in Canadian Economy and Interest Rates by Anita Sava
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ven as warnings about a potential recession grow louder, the Bank of Canada is expected to announce another hefty interest rate hike on Wednesday.

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  10/20/2022 | Posted in Interest Rates by Anita Sava
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Economists are expecting the Bank of Canada to continue its aggressive rate hike campaign after inflation data came in higher than expected.

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  10/18/2022 | Posted in Mortgage Interest Rates by Anita Sava
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While homeowners with variable-rate mortgages brace for another expected hike next week from the Bank of Canada, fixed-rates are rising too, according to rate insiders.

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  10/18/2022 | Posted in Canadian Economy and Interest Rates by Anita Sava
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The Bank of Canada is closely monitoring debt burdens being shouldered across the economy over concerns they could become a threat to financial stability as interest rates ... More

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  10/13/2022 | Posted in Interest Rates by Anita Sava
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The Bank of Canada is not beholden to the United States Federal Reserve’s aggressive rate-hike trajectory, according to Randal Quarles, the Fed’s former vice ... More

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  10/7/2022 | Posted in Mortgage Interest Rates by Anita Sava
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Having already raised interest rates by 300 basis points this year, the Bank of Canada’s Tiff Macklem confirmed on Thursday that additional rate hikes (plural form) are ... More

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  10/3/2022 | Posted in Interest Rates by Anita Sava
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While many economists have predicted the Bank of Canada’s interest rate will peak at 4%, the Organisation for Economic Co-operation and Development (OECD) has gone five ... More

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  9/25/2022 | Posted in Mortgage Interest Rates by Anita Sava
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Over the past week, nearly all of Canada’s Big-6 banks have increased their shorter-term fixed mortgage rates.

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  9/14/2022 | Posted in Interest Rates by Anita Sava
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TD Securities and Scotiabank's top economists think there’s more room to run for the Bank of Canada as it increases interest rates from the pandemic ... More

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  9/7/2022 | Posted in Canadian Economy and Interest Rates by Anita Sava
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The Bank of Canada has increased its benchmark rate by 0.75%, marking a fifth consecutive hike in its latest effort to get surging price growth under control.

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  9/5/2022 | Posted in Interest Rates by Anita Sava
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Toronto home sales bounced 11% in August from the previous month.

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  9/4/2022 | Posted in Mortgage Interest Rates by Anita Sava
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All eyes will be on the Bank of Canada’s interest rate decision this week, which some say could be its last increase of the year, and perhaps of this rate cycle.

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  8/31/2022 | Posted in Mortgage Interest Rates by Anita Sava
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If CIBC economists are correct, the Bank of Canada’s expected rate hike next week will be its last of this rate-hike cycle.

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  8/17/2022 | Posted in Interest Rates by Anita Sava
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Bank of Canada still focused on bringing inflation down, say economists

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  7/25/2022 | Posted in Real Estate Investments by Anita Sava
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Over the last year, the central bank issued repeated warnings about the risk investors posed to the market as they became a greater share of the country’s ... More

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  7/18/2022 | Posted in Mortgages and Real Estate by Anita Sava
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A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper ... More

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  7/18/2022 | Posted in Interest Rates by Anita Sava
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The Bank of Canada's intention to "frontload" its path to higher rates means its policy rate could peak as early as September, according to a prominent CIBC ... More

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  7/14/2022 | Posted in Canadian Economy and Interest Rates by Anita Sava
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According to the Bank of Canada’s new forecast, the rate shock it just delivered will keep inflation expectations in check, restraining wage demands and price ... More

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  7/13/2022 | Posted in Mortgages and Real Estate by Anita Sava
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The Bank of Canada has raised its benchmark interest rate by the largest amount in more than 20 years, sharply increasing the cost of borrowing in an attempt to rein in runaway ... More

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  6/26/2022 | Posted in Interest Rates by Anita Sava
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The possibility of a full-percentage point interest rate hike from the Bank of Canada at its July meeting is now firmly on the table following the latest inflation data for ... More

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  6/16/2022 | Posted in Interest Rates by Anita Sava
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Economists believe it's even more likely Macklem will have the confidence to increase the benchmark rate the same as U.S. bank authority.

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  6/13/2022 | Posted in Canadian Housing Market by Anita Sava
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Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada.

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