Economy

Home prices stabilize in May, says National Bank

Canadian home prices stabilized in the month of May, as the Teranet–National Bank Composite National House Price Index rose 1.0%. The increase “confirmed the stabilization of home prices that took place since the end of last year,” following a correction in the second half of 2017, says National Bank senior economist Marc Pinsonneault, in a […]

By Staff |June 13, 2018

2 min read

Implications south of the border as deputy governor departs from BoC

Change is afoot at the Bank of Canada (BoC), with potential implications for monetary policy south of the border. Deputy Governor Sylvain Leduc will leave the central bank in late July, says a BoC release. Leduc will return to San Francisco to resume working at the Federal Reserve Bank of San Francisco. Before his appointment […]

By Staff |June 13, 2018

2 min read

Fed raises key rate, signals 4 rate hikes this year

Forecast increases from 3 rate hikes previously. Find out why

By Staff, with files from The Associated Press |June 13, 2018

4 min read

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