Bank of Canada ready to raise interest rates again if necessary.
The policymakers of the Bank of Canada have stated that they are still prepared to further increase their benchmark interest rate, even...
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Jul 13, 20231 min read
Royal LePage forecasts an 11% increase in housing prices.
Despite the Bank of Canada's recent interest rate hikes, Royal LePage predicts that housing prices in the Greater Toronto Area (GTA) will...
Jul 13, 20231 min read
The Bank of Canada raises the interest rate to 5%.
The Bank of Canada raised its key interest rate by a quarter percentage point this morning, bringing it to 5%, the highest rate since...
Jul 10, 20232 min read
They expect another increase in the interest rate.
Economists expect the Bank of Canada to raise interest rates again this week as the economy has not weakened enough for the central bank...
Jun 27, 20231 min read
Inflation falls to 3.4%.
Canada's inflation rate dropped to 3.4% in May, the lowest since June 2021. The drop comes as the Bank of Canada is preparing for its...
Jun 27, 20231 min read
The inflation rate drops to 3.4%, showcasing a significant decline.
Canada's inflation rate dropped to 3.4% in May, the lowest since June 2021. The decline comes as the Bank of Canada is preparing for its...
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