Bank of Canada more likely to cut than hike after 'brutal' jobs report, say economists

3/13/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Canada’s “brutal” jobs report for February has most economists betting interest rates aren’t going anywhere this year, but a cut would be the more likely ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Economic Growth

Uncertain Bank of Canada path keeps mortgage market in wait‑and‑see mode

2/11/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Governing Council’s latest hold left the next move wide open for March ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Economic Growth, Interest Rate Forecast, Mortgage Rate Forecast

December jobs data likely to keep Bank of Canada on hold

1/12/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Hiring remained soft and unemployment ticked higher, but the central bank still isn't expected to cut soon ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Economic Growth, Interest Rate Forecast, Interest Rates

Bank of Canada delivers final rate decision of 2025

12/10/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada has left interest rates unchanged in its last decision of the year, holding the policy rate steady amid lingering uncertainty over inflation and the economic ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada GDP, Canada Inflation Rate, Economic Growth

North America set to cut rates as rest of G-7 looks on

10/26/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Policy-makers in Washington and Ottawa will take the spotlight in the coming week, with interest-rate cuts in those two capitals likely while the rest of the Group of Seven stays ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Canada Living, Economic Growth

'Very strong case' for Bank of Canada cut this week, if inflation data co-operates

9/15/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Economists and markets are expecting the Bank of Canada to cut its policy rate by a quarter point on Wednesday, barring any major surprises in the inflation data set to be ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Economic Growth

BoC cut now looks more likely as tariffs hit Canadian jobs

5/9/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Unemployment jumped in April, strengthening the case for a June rate reduction ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Canada Living, Canadian Debt, Economic Growth

BoC holds rate at 2.75%, outlines two paths for economy as trade tensions cloud outlook

4/16/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty triggered ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada GDP, Canada Inflation Rate, Canada Living, Canadian Households, Canadian Housing Market, Economic Growth, Variable Rate Mortgages

Bank of Canada expected to cut rate amid trade uncertainty

3/10/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada’s interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Economic Growth, Interest Rate Forecast, Interest Rates