As we move closer to the next Bank of Canada (BoC) interest rate announcement, experts with the ‘Big Five’ banks are busy parsing through the latest economic data to give their best bets on rate cuts, or holds, to come. Governing Council has given next to no indication on what their next moves will ...| STOREYS
Although June kicked off with a Bank of Canada interest rate cut, Greater Toronto Area (GTA) home sales failed to pick up in the way that some experts had forecasted they would. According to new figures from the Toronto Regional Real Estate Board (TRREB), there were just 6,213 home sales through the...| STOREYS
You blink, and another interest rate decision is not even 24 hours away, begging the question of whether the Bank of Canada will make last month’s cut the start of a trend by bringing the policy rate to a more palatable level, or leave it be at 4.75% until their next meeting in September.In what now...| STOREYS
On the heels of encouraging data releases on the inflation and employment fronts, the Bank of Canada (BoC) has announced a quarter-point cut to its policy interest rate, bringing it down to 4.5% and cementing the fact that we’re firmly in an easing cycle. “With broad price pressures continuing ...| STOREYS
