Canada Interest Rates

Many Homeowners Would Be Screwed By 1% Interest Rate Hike: Poll

CP | Linda Nguyen, The Canadian Press | Posted 05.24.2017 | Canada Business

Nearly three quarters of Canadian homeowners say they would have difficulty paying their mortgage if their payments were to increase by more than 10 per cent, says a new survey by Manulife Bank.

Low Interest Rates May Be Here To Stay: Bank Of Canada

CP | Andy Blatchford | Posted 09.20.2016 | Canada Business

"I have heard from many Canadians who are rightly worried about their ability to live off their savings."

Low-Interest Rates Prompting Some To Borrow Money To Invest

CBC | Posted 08.04.2016 | Canada Business

A number of Canadians are taking a gamble and borrowing money at historically low rates not to fuel an excessive lifestyle, but to invest in the stock market.

Canada's Interest Rates May Drop To Zero

Bloomberg | Posted 05.21.2015 | Canada Business

The Bank of Canada may cut interest rates to zero in the next six to 18 months as a rising Canadian dollar threatens the recovery, according to Fideli...

Just How Low Can It Go?

The Huffington Post Canada | Sunny Freeman | Posted 03.06.2015 | Canada Business

Canadians travelling abroad might be in for more bad news.

Um, About Those Interest Rate Hikes..

CBC | Posted 03.09.2015 | Canada Business

Analysts have predicted this will be the year that the Bank of Canada raises its benchmark interest rate. And it could very well be the year it does. ...

There Is No Housing Bubble: Poloz

CP | Dene Moore, The Canadian Press | Posted 11.18.2013 | Canada Business

VANCOUVER - The head of the Bank of Canada gently urged businesses to ease open the purse strings and start spending Wednesday as he said the economy ...

Must-Knows About Buying Real Estate Now

Win Wachsmann | Posted 10.28.2013 | Canada British Columbia
Win Wachsmann

Is now a good time to buy real estate amid glowing reports of low mortgage rates and high demand Professional pictures of stunning homes and condos with granite, marble and nine-foot ceilings all serve as eye candy, tempting gullible and may dupe home buyers to drop down payments on not-so-smart real estate buys.

Where Does He Stand?

CP | Julian Beltrame, The Canadian Press | Posted 09.13.2013 | Canada Business

OTTAWA - Newly minted Bank of Canada governor Stephen Poloz will deliver on Wednesday what will undoubtedly be the most-watched statement from the cen...

Major Bank Hikes Mortgage Rate

The Huffington Post Canada | Posted 06.07.2013 | Canada Business

The Royal Bank of Canada announced Friday it's hiking interest rates on mortgages, in a move that could signal that rates for home loans have passed t...

Half Empty Or Half Full?

CP | The Canadian Press | Posted 08.05.2013 | Canada Business

TORONTO - A new Harris/Decima poll conducted for CIBC says half of the respondents had been able to reduce their debt level over the past 12 months.It...

What Really Makes a "High Interest" Loan

Steven Uster | Posted 08.04.2013 | Canada Business
Steven Uster

While the concerns regarding the potential negative impact of certain high interest loans are legitimate, the debate has failed to consider the context in which high interest loans exist. It is too simple to label a loan "high interest" by looking only at the annualized interest rate. There are many other factors that determine the true cost of borrowing.

Canadians Heeded BoC's Warning

CP | Julian Beltrame and David Friend, The Canadian Press | Posted 02.10.2013 | Canada Business

Bank of Canada governor Mark Carney says interest rates may need to rise to discourage excessive borrowing, but adds there is evidence Canadians are a...

We Might Be Hurting The Economy, Bank Of Canada Admits

CP | Julian Beltrame, The Canadian Press | Posted 02.05.2013 | Canada Business

OTTAWA - The Bank of Canada is warning that its own low interest policies and those of central banks around the world are adding another layer of risk...

BoC Expected To Announce It Will Leave Interest Rates Unchanged

CP | Malcolm Morrison, The Canadian Press | Posted 02.01.2013 | Canada Business

TORONTO - The Bank of Canada is expected to announce this week that it is leaving interest rates unchanged and continue to give the impression that it...

Will New BoC Governor Shake It Up?

CBC | Posted 05.02.2013 | Canada Business

Mark Carney's successor as governor of the Bank of Canada is not expected to implement a radical change in interest rate policy and most likely will h...

BoC: We're Going To Jack Up Interest Rates .. Eventually

CP | The Canadian Press | Posted 12.04.2012 | Canada Business

OTTAWA - The Bank of Canada's second in command is continuing to suggest that interest rates will rise over the medium term, even as economists say tu...

Interest Rate Hikes On Horizon: RBC

CP | The Canadian Press | Posted 11.09.2012 | Canada Business

TORONTO - The Royal Bank of Canada predicts the Canadian economy will grow by 2.1 per cent this year, and that the central bank will gradually raise i...

Mortgage Rates Hit All-Time Lows .. And Why That's Bad News

The Huffington Post Canada | Daniel Tencer | Posted 08.02.2012 | Canada Business

Canada’s fiscal policymakers are working to cool off the country’s overheated real estate market, tightening lending restrictions and warning buye...

Half Of Canadians Couldn't Handle Rate Hike: Report

CP | Alexandra Posadzki, The Canadian Press | Posted 09.16.2012 | Canada Business

TORONTO - Canadians who are worried about the amount of interest they pay for borrowing money could be relieved to hear the central bank decided Tuesd...

Could UK's Interest Rate-Rigging Scandal Happen In Canada?

CP | The Canadian Press | Posted 09.12.2012 | Canada Business

OTTAWA - Canada's financial industry regulator is looking into whether an interest rate rigging scandal that has rocked global banks could happen in C...

How Low Can They Go?

CP | Julian Beltrame, The Canadian Press | Posted 08.20.2012 | Canada Business

OTTAWA - New private sector forecasts see Canada's economy struggling to maintain momentum in the next two years, held back by weak job growth and vul...

Those Interest Rate Hikes Carney Warned About? Nevermind

CP | Julian Beltrame, The Canadian Press | Posted 08.03.2012 | Canada Business

OTTAWA - Is the next move for Mark Carney to cut interest rates?The question would have seemed unthinkable a few weeks ago given that the Bank of Cana...

Hike Interest Rates Or Risk Trouble: OECD

CP | Posted 07.22.2012 | Canada Business

OTTAWA - Moves by the federal government to tighten mortgage lending rules aren't doing enough to cool the housing market in the hottest regions in th...

BoC Signals Era Of Low Interest Rates Nearing An End

CP | Julian Beltrame, The Canadian Press | Posted 06.17.2012 | Canada Business

OTTAWA - A strong signal that Canadians could soon face higher borrowing costs was sent Tuesday as the Bank of Canada indicated it's getting ready to ...