CPI Archives - Mortgage Rates & Mortgage Broker News in Canada

Inflation holds steady at 1.7% in May, but July rate cut hinges on trade talks

June 24, 2025 No Comments

Inflation data came in as expected, with core measures easing slightly, but that may not clear the path for a July rate cut, experts say.

Shelter takes larger share in updated CPI basket weights

June 17, 2025 No Comments

The latest update to the Consumer Price Index (CPI) basket gives even more weight to shelter costs—particularly mortgage interest and rent—underscoring just how much housing expenses are shaping the inflation experience of Canadians.

Bank of Canada rate path clouded as core inflation heats up despite headline drop

May 20, 2025 No Comments

Headline inflation eased in April, but persistent core pressures are complicating the Bank of Canada’s path to rate cuts.

Inflation eases to 2.3%, but BoC still faces tough call on rates

April 15, 2025 No Comments

Inflation cooled more than expected in March, but persistently elevated core measures may keep the Bank of Canada on hold.

Bank of Canada interest rate forecasts 2

Bank of Canada’s March rate cut odds drop to 30% after latest inflation data

February 18, 2025 No Comments

Canada’s inflation report for January has led to a sharp decline in the chances of the Bank of Canada cutting rates in March.

Economists weigh in on BoC rate cut chances after inflation drop

January 21, 2025 No Comments

Canada’s inflation rate eased to 1.8% in December, increasing the likelihood of a Bank of Canada rate cut this month, according to economists.

Inflation expected to ease to 2.1%, lowest level since March 2021: economists

September 15, 2024 No Comments

Economists anticipate that Canada’s annual inflation rate in August fell to its lowest level since March 2021.

Economists predict June rate cut as inflation continues to ease

March 19, 2024 No Comments

Today’s lower-than-expected inflation reading for February has bolstered confidence that the Bank of Canada could initiate its first rate cut in June.

Unexpected inflation drop won’t hasten Bank of Canada’s rate cut plans, economists say

February 20, 2024 No Comments

The Bank of Canada is still likely to wait until mid-year before delivering its first rate cut, despite January’s downside surprise in inflation, economists say.

Inflation crept back up in December: “We’re not out of the woods yet”

January 16, 2024 No Comments

For the third time since 2022, Canada’s headline inflation rate reversed course and trended back upward in December. Headline inflation rose 3.4% last month, Statistics

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