Economic Indicators

CMHC to purchase up to $50B of insured mortgage pools

The move is designed to provide stable funding to banks and mortgage lenders

By Staff |March 16, 2020

1 min read

Bank of Canada responds to pandemic, oil prices with another rate cut

The cut to 0.75% follows last week's decision to reduce the interest rate by 50 basis points

March 13, 2020

3 min read

Federal budget delayed as House of Commons shuts down for five weeks

MPs quickly passed the new North American trade deal before rising

By The Canadian Press |March 13, 2020

1 min read

Household debt remains elevated, service ratio rises: StatsCan

With Covid-19 leading to rate cuts, concerns about consumer borrowing may ease for now

By James Langton |March 13, 2020

2 min read