The Difference Mortgage
BOC Information
As overall financial market conditions continue to improve in Canada, usage in several of the Bank of Canada’s programs that support the functioning of key financial markets has declined significantly.…
Bank of Canada Governor Tiff Macklem said in a video conference last week that further rate cuts remain an option in providing economic stimulus. At present, the central bank’s policy rate is…
The ratio of national mortgage debt to GDP has already exceeded 80%, according to Statistics Canada. During the second quarter, the volume of mortgage debt was equivalent to 84.28% of GDP. For…