Katherine Judge Archives - Mortgage Rates & Mortgage Broker News in Canada

CIBC: Record trade deficit supports BoC cuts in July, September

June 5, 2025 No Comments

Canada’s merchandise trade deficit ballooned to a record $7.1 billion in April, prompting CIBC to say the economic hit supports interest rate cuts at the Bank of Canada’s next two meetings.

CMHC says total housing starts in 2024 up 2% from 2023

January 16, 2025 No Comments

Canada Mortgage and Housing Corp. says the total number of housing starts in 2024 rose two per cent compared with 2023, helped by increased starts in Alberta, Quebec and the Atlantic provinces.

Retail sales in Canada see modest gains in Q3, but too soon to celebrate, economists say

November 22, 2024 No Comments

Retail sales in Canada increased 0.4% to $66.9 billion in September, contributing to a 0.9% growth for the third quarter, Statistics Canada reported.

Odds of second 50-bps Bank of Canada rate cut drop after stronger inflation report

November 19, 2024 1 Comment

Still, many economists still see a half-point cut as likely at the Bank’s December 11 meeting.

Rate cut showdown: 25 or 50 bps? Economists split on Bank of Canada’s next move

October 11, 2024 No Comments

Strong employment results for September have tempered Bank of Canada rate cut expectations for later this month.

Here’s why markets are betting on a Bank of Canada rate cut tomorrow

July 23, 2024 No Comments

Confidence is high that the Bank of Canada will deliver a second consecutive rate cut on Wednesday. Below, we look at some of the reasons why.

Katherine Judge