Making sense of the Bank of Canada interest rate decision on December 11, 2024
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Ratehub.ca
Mortgages
Bank of Canada lowers key interest rate by 0.5%
On Wednesday, the central bank announced a jumbo rate cut—its fifth cut in a row since June—and signalled a...
Why Canadian consumer debt continues to grow
Consumer debt reached a record $2.5 trillion last quarter. Find out what’s driving increased debt levels among certain groups...
How Trump’s election win could affect interest rates in Canada
Experts say Donald Trump’s promised policies risk higher inflation and could weigh on the Canadian dollar.
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Why are Canadians still frustrated with the economy?
Inflation is down, wages are up. But the economic recovery has been uneven, with “two contradictory trends” shaping Canadians’...
Alberta called—“What I wish I’d known before making the move”
“After rushing into the real estate market, I quickly learned I wasn’t ready for the real cost of home...
Making sense of the Bank of Canada interest rate decision on October 23, 2024
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Ratehub.ca
Bank of Canada delivers half percentage point rate cut
The central bank lowers its key interest rate to 3.75% and says it now must keep inflation at 2%....
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The Canadian mortgage stress test, explained
Most home buyers in Canada will encounter the stress test when applying for a mortgage. Here’s how it works...