BoC expects to cut rates this year, governing council split on timing: deliberations
Many Canadians are hoping for a decrease in the Bank of Canada’s benchmark interest rate. Here's how the governing...
Interest Rates
Canada’s inflation rate slows to 2.8% in February as price growth unexpectedly eases
A drop in cellular and internet service prices, as well as slower growth in grocery prices, drove the second...
Economists expect inflation rate ticked up above 3% last month amid higher gas prices
Statistics Canada will release February’s inflation numbers on March 19. Here’s why the inflation rate might be higher.
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Bank of Canada holds key rate steady at 5%, says too early to cut
The central bank announced its interest rate decision, as economists widely expected no change in the policy rate.
25 timeless personal finance tips from MoneySense
For 25 years, MoneySense has helped Canadians make better financial decisions. Here’s a sampling of our work: a roundup...
Buying pre-construction: What if your home is worth less than you paid?
Due to rising mortgage rates and falling home prices, some pre-construction home buyers are facing financing issues. Let’s look...
Are GICs a no-brainer for retirees?
GICs were embraced by many Canadian investors last year, whether conservative or not. With rates expected to fall again...
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Fixed or variable mortgage rate: Which should you choose in 2024?
After nearly two years of interest rate increases, cuts may be on the horizon—here’s what that means for current...