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News
Opinion: Let???s not put special taxes on successful innovators
3+ day, 2+ hour ago (298+ words) Some inventors aren't motivated by financial considerations and give their patents or profits away. The rest of us need incentives What are we to make of these acts of selflessness, of massive charitable giving? Are the researchers to be applauded?...
Garry Marr: Should you buy a house in the middle of a trade war?
3+ day, 23+ hour ago (1170+ words) Markets may a have bottomed in some regions, but job security and interest rates could trump other factors In the market for a home? You may ask yourself whether buying one in the middle of a trade war is a…...
How worried should variable-rate borrowers be about Bank of Canada rate hikes?
1+ week, 1+ day ago (990+ words) Robert McLister: Here are four situations where policy tightening becomes a real problem Wednesday’s Bank of Canada announcement revealed policymakers may be more hike-prone than markets had assumed. Bond traders noticed the hawkish tilt instantly and priced a pre-Christmas hike…...
Mortgage rates play dead as bond yields hit multi-year highs
1+ week, 1+ day ago (224+ words) Robert McLister: Major lenders appear leery of hiking fixed rates After the Bank of Canada warmed a little more to the thought of rate hikes this week, various government bond yields shot to multi-year highs. Fortunately, mortgage rates did not....
Posthaste: Markets predict three Bank of Canada rates hikes are coming and some economists agree
1+ week, 3+ day ago (699+ words) Rates could rise to 3% from 2.25% by the middle of next year Investors have increased their bets the Bank of Canada will hike interest rates in December and beyond, with rates peaking at three per cent, after the central bank on…...
'Hawkish' Bank of Canada has some economists pulling forward calls for rate hikes
1+ week, 3+ day ago (691+ words) Given all this uncertainty, the right thing for the Bank of Canada to do is stand pat, said one economist The Bank of Canada held its benchmark lending rate at 2.25 per cent on Wednesday, but economists are split on the…...
Bank of Canada holds interest rate at 2.25% as trade war clouds outlook
1+ week, 3+ day ago (96+ words) Financial Post Seventh hold in a row widely expected Bank of Canada held its benchmark interest rate at 2.25 per cent Wednesday for the seventh meeting in a row. The hold was widely expected as a fresh outbreak in the trade…...
Posthaste: Are we on the verge of a home-buying tidal wave?
1+ week, 4+ day ago (553+ words) RBC estimates more than 400,000 households have been held back from homeownership since 2019 Thousands of Canadians may soon enter the housing market as the country’s real estate looks to be on the verge of getting out of correction territory, according to…...
Bank of Canada expected to hold interest rates steady, but renewed trade war muddies economic outlook
1+ week, 5+ day ago (732+ words) The central bank is scheduled to announce its overnight rate on Wednesday Canadian economists largely expect the Bank of Canada to keep its overnight rate at 2.25 per cent for the rest of the year, but what policymakers might do in…...
Canada-U.S. trade war, rising rates and debt: What stock market investors need to know
1+ week, 6+ day ago (318+ words) Martin Pelletier: As higher rates and political risks reshape markets, opportunities may lie beyond the short-term noise While the break was refreshing, I have to admit it was difficult to completely disconnect given the escalating trade tensions between the United…...