📉 April Inflation Dips to 1.7% — But Core Pressures Remain High
Canada’s inflation rate slowed to 1.7% in April, according to Statistics Canada — largely thanks to the removal of the federal carbon tax and a drop in energy prices. While this headline number might suggest a cooling economy, the underlying story is more complex — especially for homeowners and buyers keeping an eye on interest […]
🇨🇦 Inflation Drops To 2.3% — Will The Bank Of Canada Cut Rates Tomorrow? ✂️
In a surprise turn that’s good news for both homeowners and buyers, Canada’s March inflation rate dropped to 2.3% — a noticeable decline from February’s 2.6% and well below what most economists had predicted. The unexpected dip, driven largely by falling gas and travel prices, is renewing optimism across financial markets and the mortgage industry. […]
Inflation Slows To 1.8%👀📉 Bank of Canada Prepares For It’s First Rate Decision Of 2025
As Canadians ease into the new year, the Bank of Canada is gearing up for its first major move of 2025. December’s inflation data paints a complex picture for policymakers, with hopeful signs of relief but a few lingering challenges on the horizon. Headline inflation: 1.8 / Average core inflation: 2.45% According to Statistics Canada, annual inflation […]
💥Big Break For Borrowers? Canada’s Inflation Drops To 1.6%!!.. Paving the Way for Lower Mortgage Rates🏡💰
Great news for Canadians! In September, inflation cooled to just 1.6%, its lowest level since early 2021. If you’ve been feeling the squeeze from rising costs, this dip could signal some relief—especially if you’re a homeowner or thinking about buying a home. Grocery bills are also continuing to climb, up 2.4% compared to this time […]
Canada’s Inflation Rate Falls To Lowest Level Since March 2021🔥🔥📉
Canada’s inflation rate has fallen to its lowest level in over three years, providing a positive sign for households and businesses alike. The latest consumer price index (CPI) report reveals that the annual inflation rate dipped to 2.5% in July, matching expectations from economic forecasters and continuing the trend of easing price pressures across the […]
Canada’s Inflation Dip Sparks Hope: BoC On The Verge Of A Rate Cut?
In a recent turn of events that has brought a collective sigh of relief to the rate market in Canada, inflation figures have eased, showing promising signs of stability. For the first time since the mid-2021, inflation rates have dipped into the “2s,” much to the pleasure of the Bank of Canada (BoC), which has […]
BREAKING: Canada Sets New Financial Boundaries With Loan-To-Income (LTI) Limit
In a groundbreaking move that is set to redefine Canada’s housing market and borrowing landscape, the Office of the Superintendent of Financial Institutions (OSFI) has announced the implementation of a Loan-to-Income (LTI) limit. This policy is poised to transform the way Canadians approach home ownership and personal finance management. Globe and mail sources say the […]
Navigating 2024: Inflation Update February 2024
In the ever-evolving landscape of Canada’s economy, a surprising twist in the inflation narrative has brought a wave of cautious optimism to the mortgage market. The recent report from Statistics Canada has unveiled inflation figures that have not only surpassed expectations but have done so at a moment when the financial markets were on edge. […]
Inflation Inflection
“Base effects” refers to how economic values from a year ago affect the rate of change in economic data today. Take inflation, for example. If inflation was high in the same month a year ago, that high value would drop out of the calculation when inflation is recalculated this month. As a result, high year-ago […]
Navigating 2024: Mark Your Calendars
As mortgage professionals, it’s our duty to keep you informed and prepared for the financial year ahead. The Bank of Canada has recently released its 2024 schedule for policy interest rate announcements, and other pivotal publications that could impact your mortgage and financial decisions. Here’s what you need to know to stay ahead. Policy Interest […]
