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Soubhi Abla || August 20, 2024

Inflation continued to ease in July

Canada's headline inflation rate slowed to a pace of 2.5% in July, Statistics Canada reported. The reading was in line with expectations and was down from June's headline figure of 2.7%. The...

Soubhi Abla || August 01, 2024

Latest GDP numbers: What they mean for the Bank of Canada's next rate decision

It's been a little over a week since the Bank of Canada delivered its second consecutive rate cut, but markets are already looking ahead to the next rate decision in September. This week,...

Soubhi Abla || July 30, 2024

What does the Bank of Canada rate cut mean for borrowers?

The Bank of Canada's decision to lower its key lending rate by a quarter point to 4.50% brings another small bout of relief to many borrowers, namely those with variable-rate products.This follows a...

Soubhi Abla || July 24, 2024

Bank of Canada delivers second consecutive rate cut

I wanted to share some important news following the latest decision from the Bank of Canada.Today, the Bank of Canada announced a 25-basis point cut to the benchmark rate, bringing it down to 4.50%....