Interest Rate
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Why did the Bank of Canada hike rates? Here’s what ‘tipped the balance’Bank of Canada deputy governor Paul Beaudry says recent economic data suggests the risk of sticky inflation has gone up, prompting the latest interest rate hike.Economy6 hours
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‘Cost of living, food, gasoline’: Bank of Canada’s interest rate change a worry for someThe latest interest rate hike was designed to help prevent inflation from getting stuck above the bank's 2.0 per cent target, but higher rates will have an impact on families.CanadaJun 7
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Southern Alberta real estate and business communities worried about interest hikeSouthern Albertans will have to drill deeper into their wallets after the Bank of Canada announced another interest rate hike Wednesday morning.CanadaJun 7
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The Bank of Canada’s key rate rose again. Why another hike in July ‘looks likely’The Bank of Canada raised its benchmark interest rate on Wednesday amid concerns about a hot economy keeping the inflation higher.EconomyJun 7
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Sellers are coming back to Canada’s housing market. Will prices stabilize?Canada's housing market saw an 'influx' of sellers in May, according to RBC, but demand from buyers is still putting upward pressure on prices.MoneyJun 6
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Bank of Canada’s rate decision looms. Will the hot economy push it to hike?The Bank of Canada's next interest rate decision on Wednesday is being hotly debated. Will it hike again, or remain on hold? Here's what economists say.EconomyJun 6
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Bank of Canada will ‘actively’ talk about rate hikes after GDP surprise, experts sayThe first-quarter GDP figures are the final major economic release on the docket before the Bank of Canada's interest rate decision on June 7.EconomyMay 31
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Renters might soon feel the pain as their landlords post losses. Here’s whyMost real estate investors in Toronto were losing money on their properties last year, a new report finds. Here's why that pressure might hurt renters in the long term.MoneyMay 30
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Canada’s banks are guarding against bad loans. What this means for your moneyCanada's banks put away more money for bad loans this past quarter. Canadians should take that as a signal they may need to tighten their belts further in the months ahead.MoneyMay 28
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Young investors questioning ‘risky’ call to become landlords amid higher ratesMore than half of young real estate investors are considering selling their property as rising interest rates hurt their business cases, a Royal LePage survey shows.MoneyMay 25
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