Finance News – Canada
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Bank of Canada's future path for interest rates still cloudy
The central bank’s decision to pause interest rate changes reflects ongoing uncertainty about inflation trends and their impact on the economy, influencing financial markets and bo...
Read Full Article →'Recession risks alive' as Canada's manufacturing numbers suffer under Trump tariff regime
The decline in Canada's manufacturing sector raises concerns about economic growth and may influence future monetary policy decisions by the Bank of Canada amid ongoing trade tensi...
Read Full Article →Posthaste: Toronto condo sales drop 75%, leaving investors bleeding cash, CMHC says
Recent declines in condo transactions across major Canadian cities have significantly impacted investor returns, reflecting challenges posed by higher borrowing costs and an abunda...
Read Full Article →Unpacking the Bank of Canada's interest rate hold: FP video
The Bank of Canada's decision to maintain current interest rates influences borrowing costs, affects inflation management strategies, and shapes economic forecasts amid evolving tr...
Read Full Article →Bank of Canada must get comfortable with the unknown as long as Trump is in charge
The Bank of Canada faces uncertainty in setting monetary policy as unclear U.S. trade decisions may delay critical interest rate adjustments, potentially impacting economic stabili...
Read Full Article →As Bank of Canada holds rates, experts say a cut alone won't stop an economic slowdown
Maintaining the current interest rate reflects cautious economic management, as professionals believe that reducing rates may not sufficiently counteract the ongoing challenges aff...
Read Full Article →Bank of Canada holds interest rates: Read the official statement
The central bank maintained its benchmark interest rate at 2.75%, signaling a stable monetary policy stance aimed at managing inflation and supporting economic growth.
Read Full Article →Savings accounts are having a moment in these uncertain times
Despite lower interest rates, many individuals are choosing to keep their funds in savings accounts, prioritizing security and stability amid ongoing economic uncertainties and geo...
Read Full Article →Home sales at 'crisis levels' in sagging market, say realtors
Declining home purchases reflect economic uncertainty, as potential buyers remain hesitant to invest despite favorable borrowing costs due to concerns over job security and overall...
Read Full Article →Mortgage rates are battling a weak economy and persistent inflation, and inflation may be winning
Analysts suggest that ongoing inflationary pressures could drive mortgage rates upward, impacting borrowing costs while overall interest rates remain steady in the near future desp...
Read Full Article →U.S.-dollar savings products offer better interest rates, but there’s a risk as well
Savings and investment options denominated in U.S. dollars generally provide higher returns compared to other currencies, though they also carry potential risks that should be care...
Read Full Article →The best variable and fixed mortgage rates in Canada for this week
In early April, five-year insured mortgage rates in Canada saw a decline, with fixed rates reaching their lowest level since 2022, now averaging around 3.7 percent.
Read Full Article →'Real drama begins': Economists predict zero growth to come as first quarter sputters
Economists foresee stagnant growth for the first quarter, posing challenges for the Bank of Canada in making future interest rate decisions amid an uncertain economic climate.
Read Full Article →The bond market isn’t just important - it’s extremely interesting right now
The current dynamics of the bond market are critically significant, as various influencing factors are closely intertwined with broader economic conditions, which are currently exp...
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