3/9/2023 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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The central bank has left its policy rate untouched for the first time in over a year

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  3/8/2023 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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Royal Bank of Canada (RBC) has published its report and outlook on the country’s housing market and sees the market downturn headed towards its conclusion.

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  3/7/2023 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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As home prices and interest rates remain elevated, a record number of non-homeowners think they’ll never afford a house, according to a new survey.

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  2/22/2023 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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Despite a decline in general inflation, grocery prices have increased at double the rate of everything else. That could mean more rate hikes ahead.

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  2/8/2023 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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Governor Tiff Macklem said the Bank of Canada needs to keep interest rates steady to avoid slowing the economy too much, defending his decision to pause hikes in remarks that ... More

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  1/30/2023 | Posted in Canadian Economy and Housing Market by Anthony (Tony) Barone
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But the Bank of Canada has a tricky balancing act that cannot decimate real estate.

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  1/20/2023 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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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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  1/16/2023 | Posted in Canadian Economy and Interest Rates by Anthony (Tony) Barone
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"They are in a very difficult situation in which they have to tell you they are done without telling you they are done"

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  12/12/2022 | Posted in Mortgages and Real Estate by Anthony (Tony) Barone
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The Bank of Canada’s interest rate hikes this year have “begun to work” to cool Canada’s overheated economy and slow inflation, the central bank’s ... More

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