News
BoC cuts rates by quarter point, says tariffs would test economy’s resilience
The Bank of Canada cut rates by a quarter point on Wednesday and said it’s watching developments on tariffs.
Home sales rise 5.2% in 2024, still down from peak
CREA is calling for a ‘significant unleashing of demand in the spring of 2025,’ but for now, Canadian home sales remain below the 2021 peak.
Bank of Canada cuts interest rates by half percentage point
Governor Tiff Macklem cut borrowing costs at a fifth-straight meeting in Ottawa on Wednesday.
A good-looking story?
Governor Tiff Macklem lowered borrowing costs at a fourth-straight meeting of Governing Council in Ottawa on Wednesday.
Bank of Canada delivers 50 basis point rate cut
Governor Tiff Macklem lowered borrowing costs at a fourth-straight meeting of Governing Council in Ottawa on Wednesday.
Lower rates begin to breathe new life into housing market
Lower borrowing costs are breathing new life into the Canadian housing market.