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Interest Rates

News

BoC considered waiting until July to cut interest rates, summary says

The central bank remains cautious in its approach, noting that it plans to take future interest rate decisions one...

BoC considered waiting until July to cut interest rates, summary says
Calculating cost savings on a 3- vs. 5-year mortgage

Mortgages

3-year versus 5-year mortgage: How to choose your term

Interest rates are still high but set to come down, which is a key factor in picking a mortgage...

3-year versus 5-year mortgage: How to choose your term
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

Banking

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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A Canadian man wearing headphones for self-care when dealing with financial stress.

News

FP Canada’s 2024 Financial Stress Index: What’s worrying Canadians right now

FP Canada’s Financial Stress Index for 2024 is in. Find out what Canadians think about when it comes to...

FP Canada’s 2024 Financial Stress Index: What’s worrying Canadians right now
Woman working in call center as dispatcher

Mortgages

Mortgage broker vs. bank—which will save you more money?

The pros and cons of using a mortgage broker and going to a bank directly.

Mortgage broker vs. bank—which will save you more money?

Debt

Why young people keep getting caught in debt traps and how to break the cycle

Ever-increasing credit card limits, lifestyle creep and a rising cost of living are contributing to a rise in debt...

Why young people keep getting caught in debt traps and how to break the cycle
A healthcare receptionist, one of the industries that had employment growth.

News

High interest rates and unemployment: Expectations for June’s rate announcement

Employment jumps by 90,000 in April, raising doubts about June interest rate cut.

High interest rates and unemployment: Expectations for June’s rate announcement

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Bureau of Statistics building sign.

News

What is the GDP in Canada right now?

Canadian economy loses steam after strong start to year, grows 0.2% in February.

What is the GDP in Canada right now?

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