by sasha@traceyrobinson.ca | Oct 22, 2025 | Uncategorized
Canadian Inflation Stronger Than Expected The Consumer Price Index (CPI) rose 2.4% on a year-over-year basis in September, up from a 1.9% increase in August. The acceleration in headline inflation from 1.9% in August was also larger than the median projection in a...
by sasha@traceyrobinson.ca | Sep 17, 2025 | Uncategorized
This is great news for VARIABLE RATE Mortgages and HELOCs. The 0.25% drop in the BoC’s overnight lending rate means that Prime has now dropped from 4.95% to 4.70%. Adjustable Rate Mortgage holders will see approximately a $15 per month drop for every $100,000 of...
by sasha@traceyrobinson.ca | Sep 16, 2025 | Uncategorized
The Consumer Price Index (CPI) rose 1.9% on a year-over-year basis in August, up from a 1.7% increase in July. Gasoline prices fell to a lesser extent year over year in August (-12.7%) compared to July (-16.1%), resulting in faster growth in headline...
by sasha@traceyrobinson.ca | Jul 3, 2025 | Uncategorized
Real gross domestic product (GDP) edged down 0.1% in April, following a 0.2% increase in March. The preliminary estimate for May was also -0.1%. April and May were months of the most significant tariff uncertainty–both auto, steel, and aluminum tariffs were...
by sasha@traceyrobinson.ca | Jun 4, 2025 | Uncategorized
As expected, the Bank of Canada held its benchmark interest rate unchanged at 2.75% at today’s meeting, the second consecutive rate hold since the Bank cut overnight rates seven times in the past year. The governing council noted that the unpredictability of the...
Recent Comments