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bank of canada

MyNewsroom / June 3, 2024

Interest rates expected to drop as Canadian economy weakens

Get ready for interest rates to start falling. The last major data point to be released prior to the Bank of Canada decision focused on GDP and Canada’s …

[Read more...] about Interest rates expected to drop as Canadian economy weakens

MyNewsroom / May 23, 2024

Bank of Canada eyes rate cut as inflation softens

All the ducks are starting to line up. The Bank of Canada has been waiting for a period, not a month, where inflation is softening in order to trigger its first …

[Read more...] about Bank of Canada eyes rate cut as inflation softens

MyNewsroom / February 26, 2024

Bank of Canada’s role in inflation questioned

There’s an argument circulating in financial circles that our high inflation rate is actually a choice made by the central bank and they have the option to …

[Read more...] about Bank of Canada’s role in inflation questioned

MyNewsroom / September 5, 2023

Slowing Canadian economy expected to impact Bank of Canada decision on interest rates

It’s a good new, bad news story. The headline data in Friday’s report on the country’s GDP growth – or perhaps more accurately lack of growth – caught observers …

[Read more...] about Slowing Canadian economy expected to impact Bank of Canada decision on interest rates

MyNewsroom / July 7, 2023

Canadians of all income levels seeing net worth drop

It’s not only the poor that are getting poorer. So are the rich. The latest assessment of the worth of Canadians is a picture of a nation whose citizens are …

[Read more...] about Canadians of all income levels seeing net worth drop

MyNewsroom / November 21, 2022

Canadians borrowing as higher interest rates strain households

As central bankers raise interest rates in hopes of cooling inflation, we are now starting to see of the effects of higher borrowing costs on household budgets …

[Read more...] about Canadians borrowing as higher interest rates strain households

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