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The Bank of Canada maintained its target overnight rate at its effective lower bound of 0.25% but now suggests it could begin raising rates in the second half of 2022--a year earlier, owing to unexpec

The Bank of Canada maintained its target overnight rate at its effective lower bound of 0.25% but now suggests it could begin raising rates in the second half of 2022--a year earlier, owing to unexpec

October 18, 2022 | Posted by: Andrew Wade

Bank of Canada Scales Back Bond Buying Today, the Bank of Canada held its target for the o ...

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Canadian Housing Activity Slowed Again in September As Prices Continued to Fall

Canadian Housing Activity Slowed Again in September As Prices Continued to Fall

October 16, 2022 | Posted by: Andrew Wade

Orderly Housing Correction Continues There are many unusual aspects to the current housing correction, but fundamentally the most noteworthy is how orderly a ...

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Macklem Op-Ed says Canadian Economy 'Has Been Running Too Hot'

Macklem Op-Ed says Canadian Economy 'Has Been Running Too Hot'

August 17, 2022 | Posted by: Andrew Wade

Macklem's Op-EdNational Post Comment, August 16, 2022 Inflation in Canada has come down a little, but it remains far too high. After rising rapidly to reach ...

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Canadian job market may be weakening!

Canadian job market may be weakening!

August 5, 2022 | Posted by: Andrew Wade

The Canadian Economy Is Slowing--Job Markets Will Begin To Shift The July employment report, released this morning by Statistics Canada, is a real head-scrat ...

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More bad news on the inflation front! Consumer price inflation rose further in June to 8.1% y/y, up from the 7.7% gain in May.

More bad news on the inflation front! Consumer price inflation rose further in June to 8.1% y/y, up from the 7.7% gain in May.

July 20, 2022 | Posted by: Andrew Wade

Canadian Inflation Surged to 8.1% in June Another bad inflation number was posted today. The rate of consumer inflation continued to rise, reaching 8.1% year ...

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The Bank of Canada Hikes Rates Again with Another Jumbo Rate Hike, Signalling More To Come

The Bank of Canada Hikes Rates Again with Another Jumbo Rate Hike, Signalling More To Come

June 1, 2022 | Posted by: Andrew Wade

The Governing Council of the Bank of Canada raised the overnight policy rate by a full 50 basis points once again today, marking the third rate hike this year. The two back-to-back half- ...

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Canadian Inflation Beats Expectations

Canadian Inflation Beats Expectations

May 20, 2022 | Posted by: Andrew Wade

Canadian Inflation Shows No Signs Of Abating Inflation at 6.8% is unmitigated bad news. The Bank of Canada looks flat-footed again, having forecast that Infl ...

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Pro's and Con's of getting an HSBC Mortgage

Pro's and Con's of getting an HSBC Mortgage

April 12, 2022 | Posted by: Andrew Wade

Pro's and Con's of having an HSBC Mortgage HSBC Bank Canada is a subsidiary of HSBC Holdings plc, the global banking giant with more than 38 million customers worldwide. The bank is currently th ...

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Canadian Liberal Budget

Canadian Liberal Budget

April 8, 2022 | Posted by: Andrew Wade

Affordable Housing Is A Key Theme In Federal Budget 2022 Today's budget announced a $10 billion package of proposals intended to reduce the cost of housing i ...

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Canadian CPI Inflation Rises to 5.7%

Canadian CPI Inflation Rises to 5.7%

March 22, 2022 | Posted by: Andrew Wade

Inflation Pressures Accelerating StatsCanada today reported that consumer prices rose 5.7% year-over-year in February, up again ...

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