Economy

Fourth straight rate cut may not bring homebuyers back to the market just yet

Canadian Real Estate Association says pace of cuts could prompt potential buyers to hold off for now

By Sammy Hudes, The Canadian Press |October 23, 2024

3 min read

BoC delivers half percentage point rate cut

Central bank says its job has shifted from lowering inflation to maintaining it around the 2% target

By Nojoud Al Mallees, The Canadian Press |October 23, 2024

3 min read

Household consumption to slow as debts rise: Fitch

Consumer spending supported by immigration-driven population growth

By James Langton |October 22, 2024

2 min read

IMF’s economic view: A brighter outlook for U.S. but still-tepid global growth

Organization lowers its estimates for growth in Europe and China

By Paul Wiseman, The Associated Press |October 22, 2024

4 min read