Blog

Despite a decline in general inflation, grocery prices have increased at double the rate of everything else. That could mean more rate hikes ahead.

Governor Tiff Macklem said the Bank of Canada needs to keep interest rates steady to avoid slowing the economy too much, defending his decision to pause hikes in remarks that ... More

"They are in a very difficult situation in which they have to tell you they are done without telling you they are done"

The Bank of Canada’s interest rate hikes this year have “begun to work” to cool Canada’s overheated economy and slow inflation, the central bank’s ... More

The Bank of Canada is expected to increase interest rates once more this week, capping off a tumultuous year for the central bank.

While Governor Tiff Macklem had left the door open to another oversized increase, the inflation data was seen supporting a downshift to a standard 25-bp increase, with the ... More

ven as warnings about a potential recession grow louder, the Bank of Canada is expected to announce another hefty interest rate hike on Wednesday.

Many economists say a mild recession is on the cards as they look ahead to 2023.

With high inflation and rising interest rates, a new survey has found nearly one in five Canadians say they're putting off buying a home.

Here are the pros and cons of buying a house in a recession - and everything in between.