The Bank of Canada’s latest oversized interest rate cut isn’t expected to deliver immediate relief to the Canadian fixed-mortgage market, experts warn. The central bank delivered...
The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank’s first rate cut since March 2020. Bank governor Tiff Macklem said in opening remarks...
The federal government is pledging billions of dollars in new money to tackle Canada’s housing crisis, but much of it will be accessible only to provinces and territories...