CIBC reports strong fiscal Q1

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TD Bank announces robust Q1 resu…

Demonstrating sustai…

Calgary Real Estate Board reveal…

The Calgary Real Estate …

RBC reveals Q1 financial results

Sustained strength i…

National Bank sees double-digit …

Continuing the trend…

Bank of Canada monitoring hot ho…

Bank of Canada gover…

BMO reports strong fiscal Q1

Bank of Montreal has…

CMHC issues warning over borrowe…

Most homeowners who …

Scotiabank fiscal Q1 results boo…

Bank of Nova Scotia …

Bond Yields Surge, Mortgage Rate…

Canadian bond yields hit…

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Category Archives: BOC

BOC Information

Bank of Canada monitoring hot housing market amid warning signs

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Bank of Canada governor Tiff Macklem says the central bank is seeing early signs that people may be purchasing homes solely because they believe prices may go up. Macklem says rising prices in particular for single-family homes are still a long way from the heated market the country observed about five years ago. Fuelling the [&hellip…

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Latest in Mortgage News: BoC Sees Early Signs of Housing Overheating, but Will Keep Rates Low for Now

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Fixed rates may be heading higher, but variable-rate holders can rest assured their rates won’t be going up just yet, at least according to Bank of Canada Governor Tiff Macklem. During a speech on Canada’s labour market, Macklem said monetary policy will need to continue to provide stimulus for a “considerable period” because a complete economic recovery [&hellip…

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Could Mortgage Rates Start to Rise Sooner than Expected?

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While Canada’s economy recorded its largest-ever annual GDP drop of 5.1% last year, it’s also on track to post a comeback in Q4, which could force the Bank of Canada’s hand in reining inflation in sooner than anticipated. “That carries potentially strong policy implications for the Bank of Canada that is increasingly looking as if [&hellip…

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