12/5/2019 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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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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  11/29/2019 | Posted in Mortgage Interest Rates by Anthony (Tony) Barone
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Scotiabank now sees the Bank of Canada lowering its benchmark interest rate at the beginning of 2020 instead of at the central bank’s next meeting.

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  10/30/2019 | Posted in Interest Rates by Anthony (Tony) Barone
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The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%.

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  9/4/2019 | Posted in Interest Rates by Anthony (Tony) Barone
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy.

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  8/20/2019 | Posted in Interest Rates by Anthony (Tony) Barone
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A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says.

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  7/10/2019 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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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.

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  7/3/2019 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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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.

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  6/20/2019 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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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 ... More

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  5/29/2019 | Posted in Interest Rates by Anthony (Tony) Barone
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The Bank of Canada today maintained its target for the overnight rate.

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  5/27/2019 | Posted in Interest Rates by Anthony (Tony) Barone
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The Bank of Canada will make its May interest rate decision Wednesday but it’s unlikely there will be a change according to a panel of experts.

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  5/21/2019 | Posted in Interest Rates by Anthony (Tony) Barone
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t ... More

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  4/3/2019 | Posted in Mortgages and Real Estate by Anthony (Tony) Barone
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The Bank of Canada is likely to stand pat on interest rates for the remainder of this year and well into 2020, according to the chief economist of BMO Financial Group.

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  3/15/2019 | Posted in Interest Rates by Anthony (Tony) Barone
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The Bank of Canada will likely hold off raising interest rates through all of 2020, and could even cut rates later this year, according to TD Securities’ senior rates ... More

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  3/6/2019 | Posted in Interest Rates by Anthony (Tony) Barone
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The Bank of Canada (BoC) is keeping its key interest rate target on hold at 1.75 per cent on Wednesday, citing concerns about the global economy and Canada’s own recent ... More

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  2/28/2019 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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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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  2/25/2019 | Posted in Interest Rates by Anthony (Tony) Barone
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The Bank of Canada began raising its key overnight lending rate in July 2017 and it’s now at the highest level in a decade. Accustomed to historically low and even ... More

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  2/22/2019 | Posted in Interest Rates by Anthony (Tony) Barone
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Stephen Poloz says the upward path for interest rates is 'uncertain'.

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  1/16/2019 | Posted in Interest Rates by Anthony (Tony) Barone
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What the Bank of Canada's decision to hold its key rate means for borrowers and savers.

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

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  1/9/2019 | Posted in Mortgage Interest Rates by Anthony (Tony) Barone
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The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming ... More

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  1/5/2019 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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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.

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  12/14/2018 | Posted in Mortgage Interest Rates by Anthony (Tony) Barone
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Just a few months ago economists were predicting that the Bank of Canada would take a bullish stance on interest rates following its talk of ‘normalization’ of the ... More

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  12/5/2018 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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The Bank of Canada is leaving its key interest rate unchanged.

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  12/4/2018 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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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.

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  11/30/2018 | Posted in Mortgage Interest Rates by Anthony (Tony) Barone
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The Bank of Canada should hold pat on interest rates until the spring according to The C.D. Howe Institute's Monetary Policy Council.

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Real Estate & Mortgage News

  11/7/2018 | Posted in Mortgage Interest Rates by Anthony (Tony) Barone
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Bank of Canada governor Stephen Poloz says the eventual destination range for his key interest rate target — estimated by his team at between 2.5 and ... More

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  11/2/2018 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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The benchmark rate set by the central bank is called the overnight rate and it’s now at 1.75 per cent, up from 0.5 per cent in the summer of 2017.

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  10/31/2018 | Posted in Mortgages and Real Estate by Anthony (Tony) Barone
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Bank of Canada governor Stephen Poloz wants Canadians to get used to the idea of three per cent interest rates as the new normal, now that the era of rock-bottom ... More

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