The Bank of Canada wants to keep raising its policy rate but says that it will be data dependent. Our latest wage data may test the veracity of that claim in short order.

Last week the Bank of Canada raised its policy rate by 0.25%, as expected. What really caught the market’s attention was the Bank’s decision to drop the word “gradual” from its accompanying policy statement.

When the Bank of Canada meets this week, bond-market investors will be looking for one key word in the Bank's accompanying policy statement.

If you’re keeping an eye on Canadian mortgage rates, you would be wise to keep your other eye focused on what is happening with inflation south of the border.

Mortgage rates rose again last week and the main catalyst was the resolution of the NAFTA renegotiations. Today's post examines the new USMCA's longer-term impact.

Today's post offers my take on how the U.S. Federal Reserve's latest rate hike is likely to impact Canadian mortgage rates over the near and medium terms.

It appears almost certain that the Bank of Canada will hike rates again on Oct 24. Should variable-rate mortgage borrowers now be locking in to a fixed rate?

This week I take a look back at a post I wrote in 2010 that explains how the U.S. lent its way to a housing crisis and how Canada avoided the same fate.