Economy

Are balanced budgets still good policy?

With the recent Bank of Canada rate cut, policymakers have little wiggle room left in the way of monetary policy as a tool for boosting growth. Read more.

By Staff |July 23, 2015

1 min read

U.S. home sales jump 3.2%

In June, Americans bought homes at the fastest rate recorded in more than eight years.

July 22, 2015

2 min read

Harder housing correction possible following rate cut

If homes in Toronto and Vancouver become more expensive, the chances of a harder correction go up. That's because demand will fade as many buyers get priced out of the market.

By Suzanne Sharma |July 16, 2015

3 min read

BoC cuts rate to 0.5%

The Bank of Canada is lowering its target for the overnight rate to 0.5%. The bank rate is correspondingly 0.75% and the deposit rate is 0.25%.

July 15, 2015

4 min read