Oliver Issues Warning As New Mortgage War Brews

Oliver Issues Warning As New Mortgage War Brews

Julian Beltrame and David Friend, The Canadian Press  03.27.2014
TORONTO — Finance Minister Joe Oliver says he will keep a close eye on the Canadian housing market after the Bank of Montreal pulled...
What Housing Bubble?

What Housing Bubble?

Julian Beltrame, The Canadian Press  03.24.2014
OTTAWA - The Conference Board isn't buying the notion that Canada's housing market will suddenly crumble, saying the most likely outlook...
Lowest Loonie In 5 Years

Lowest Loonie In 5 Years

03.20.2014
TORONTO - The Canadian dollar continued to fall Thursday as the U.S. currency appreciated after the U.S. Federal Reserve suggested interest...
Bank Of Canada Worried About Ukraine

Bank Of Canada Worried About Ukraine

Julian Beltrame, The Canadian Press  03. 5.2014
OTTAWA - Bank of Canada is keeping its low-interest rate policy in place for a while longer, signalling Wednesday that it remains to be...
Brace Yourselves

Brace Yourselves

The Canadian Press  02.25.2014
OTTAWA - The Royal Bank of Canada (TSX:RY) says the ability of Canadians to keep up with housing costs has been improving of late, but...
Loonie Dives On Bank Of Canada Announcement

Loonie Dives On Bank Of Canada Announcement

01.22.2014
UPDATE: The Canadian dollar pulled back nearly a full cent after the Bank of Canada's decision to keep its key interest rate steady while...
Mortgage Rate War Is Back

Mortgage Rate War Is Back

01.22.2014
UPDATE: Another big Canadian bank has lowered some of its mortgage rates slightly after an initial reduction by the Royal Bank over the...
This Bank Just Cut Mortgage Rates

This Bank Just Cut Mortgage Rates

Romina Maurino, The Canadian Press  01.20.2014
TORONTO - A move by Royal Bank to slightly decrease a number of fixed mortgage rates may prompt other banks to follow suit, but such changes...
What's Weighing Down The Loonie?

What's Weighing Down The Loonie?

Malcolm Morrison, The Canadian Press  01.14.2014
TORONTO - The Canadian dollar closed sharply lower Tuesday as a host of concerns continued to plague the loonie while the greenback strengthened...
Get Ready For Rising Interest Rates

Get Ready For Rising Interest Rates

The Canadian Press  01. 8.2014
TORONTO - Bank of Canada governor Stephen Poloz has cited "underperforming" inflation and a slow rebound in exports among his major concerns...
Watch Out, Homeowners: Rate Hikes Coming, OECD Says

Watch Out, Homeowners: Rate Hikes Coming, OECD Says

Julian Beltrame, The Canadian Press  11.19.2013
OTTAWA - The Bank of Canada may need to start hiking its trendsetting interest rate within the next year and steadily push it to 2.25 per...
Flaherty Growing Worried About House Prices, Again

Flaherty Growing Worried About House Prices, Again

Julian Beltrame, The Canadian Press  10.28.2013
OTTAWA - Finance Minister Jim Flaherty is taking on the responsibility of averting a housing bubble in Canada that could destabilize the...
BoC Issues Very Gloomy Forecast

BoC Issues Very Gloomy Forecast

Julian Beltrame, The Canadian Press  10.23.2013
OTTAWA - The Bank of Canada has pointedly dropped its warning about the potential for higher interest rates, triggering a sell-off in Canadian...
Good News About Interest Rates

Good News About Interest Rates

The Canadian Press  10. 3.2013
OTTAWA - The Bank of Canada won't pronounce on interests rates until later this month, but Scotiabank economists are jumping the gun in...