Canadian economists have suggested that the Bank of Canada will look to increase rates sooner rather than later, with the Bank of America expecting a rate cut.
One of the industry’s leading economists says employment data does not fall in line with Bank of Canada Governor Stephen Poloz’s recent statements, and recovery could be on the way for Alberta.
Super-low rates are here to stay – at least if the Bank of Canada heeds one real estate CEO’s advice.
Hilliard MacBeth, portfolio manager and author of a recently released book about a Canadian real estate bubble, believes Canada’s market is more at risk than America’s market before 2008.
A soft landing for the housing market is still the most likely scenario, according to the Bank of Canada, but it is still wary of a more disastrous correction.
The economic assessment published with today’s overnight rate decision is providing insight into the market for the rest of 2015.
An average $5-a-month hike to mortgage insurance premiums may seem inconsequential, but experts believe the effect on homebuyer and investor equity will prove disastrous.
Finance Minister has scheduled the budget and promised it will be balanced.
Canada’s real gross domestic product (GDP) fell 0.1 per cent in January due in part to sagging construction and diminishing output from the real estate industry.
The Governor of the Bank of Canada has gone into damage control mode, defending the BoC's January rate cut.