by Abbi Stevenson | Dec 12, 2025 | Information Guides
Welcome to your ultimate guide to refinancing your mortgage! Find all the essential information you need right here. Refinancing Your Mortgage What it is and How it Works Mortgage refinancing in Canada involves replacing your existing mortgage with a new one,...
by Abbi Stevenson | Dec 11, 2025 | Interest Rates and Inflation Reports
The Bank of Canada held its policy rate at 2.25% The Bank of Canada announced yesterday that it is holding the policy rate at 2.25%, the lower end of its estimate of the neutral overnight rate—where monetary policy is neither expansionary nor contractionary. With...
by Abbi Stevenson | Dec 5, 2025 | Interest Rates and Inflation Reports
Strong Job Growth Defies Forecasts Canada’s labour market delivered another surprise in November. The Labour Force Survey revealed a November jobs surge with the addition of 53,600 jobs, marking the third consecutive month of stronger‑than‑expected employment gains....
by Abbi Stevenson | Dec 1, 2025 | Interest Rates and Inflation Reports
Stronger-Than-Expected Canadian Q3 GDP Growth Seals the Deal on a BoC Rate Hold Canada’s GDP grew at an annualized pace of 2.6% in the third quarter, marking a sharp turnaround from the revised 1.8% decline in the previous period. The result far exceeded...
by Abbi Stevenson | Nov 19, 2025 | Interest Rates and Inflation Reports
Canada’s housing market showed renewed momentum in October, with national sales and prices edging upward. According to the Canadian Real Estate Association (CREA), home sales rose 0.9% month-over-month — marking six increases in the past seven months. This steady...