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Bank of Canada Rate Cut Offers Relief for Indebted Canadians
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Bank of Canada Rate Cut Offers Relief for Indebted Canadians

  • Noah Perreault
  • 16 August 2024
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A recent interest rate cut and encouraging economic data have sparked optimism among debt-laden Canadians, suggesting that better days might be on the horizon, according […]

Bank of Canada Cuts Policy Rate by 0.25%
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Bank of Canada Cuts Policy Rate by 0.25%

  • Noah Perreault
  • 6 June 2024
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Today, the Bank of Canada lowered its target for the overnight rate to 4.75%, with the Bank Rate set at 5% and the deposit rate […]

Economists anticipate an increase in inflation as the battle against price growth enters a new phase.
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Economists anticipate an increase in inflation as the battle against price growth enters a new phase.

  • Noah Perreault
  • 14 August 2023
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Analysts predict that the upcoming consumer price index report for this week will reveal an increase in inflation for the past month, indicating a shift […]

Canadians are eagerly seeking alternative methods to control inflation
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Canadians are eagerly seeking alternative methods to control inflation

  • Noah Perreault
  • 20 July 2023
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“With many central banks still signalling possible further rate hikes, we keep getting asked if there are other ways to combat inflation. The short answer: […]

Bank of Canada is anticipated to raise rates in the coming week; In light of rise in unemployment rate.
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Bank of Canada is anticipated to raise rates in the coming week; In light of rise in unemployment rate.

  • Noah Perreault
  • 8 July 2023
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The Canadian labor market is displaying indications of weakening as the unemployment rate increases and wage growth decelerates. However, despite these developments, forecasters anticipate an […]

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