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Canadian holding keys to a new home, in hopes that the Bank of Canada rate announcement will have an impact on mortgage rates.

Columns

Making sense of the Bank of Canada interest rate decision on July 24, 2024

Making sense of the Bank of Canada interest rate decision on July 24, 2024
Photo by Justin Tang/The Canadian Press

News

What is the Bank of Canada’s interest rate?

Bank of Canada cuts its key interest rate by quarter percentage point to 4.5%.

What is the Bank of Canada’s interest rate?

Mortgages

How much income do I need to qualify for a mortgage in Canada?

How much income do I need to qualify for a mortgage in Canada?
A Canadian son with his mom, moving into the condo she helped him pay for.

MoneyFlex

6 things to consider before borrowing from the Bank of Mom and Dad for your first home

Borrowing from family can seem convenient, but there are things to think about first, like interest, taxes, family power...

6 things to consider before borrowing from the Bank of Mom and Dad for your first home

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Is it a good time to buy a new car?

Vehicle supply is building, and prices are going down. Here’s why the stars may be aligning for new car...

Is it a good time to buy a new car?
For sale sign, as the real estate market responds to the Bank of Canada's rate cut.

Mortgages

Rates are going down—is now a good time to buy a house in Canada?

Bank of Canada's rate cut could spur housing demand as Toronto home sales fall in May.

Rates are going down—is now a good time to buy a house in Canada?
Fireworks for the June 5 BoC lower rate announcement

Mortgages

Making sense of the Bank of Canada interest rate cut on June 5, 2024

Making sense of the Bank of Canada interest rate cut on June 5, 2024
Bank of Canada governor Tiff Macklem discusses the Bank's latest interest rate decision

Financial literacy

What the Bank of Canada’s first rate cut in 4 years means for your finances

What the Bank of Canada’s first rate cut in 4 years means for your finances

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Credit Cards

Canadian consumer debt: How we’re paying for our credit cards

More Canadians only making minimum payment on credit cards, according to new TransUnion report.

Canadian consumer debt: How we’re paying for our credit cards

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