by sasha@traceyrobinson.ca | Nov 10, 2025 | Uncategorized
Forget A December BoC Rate Cut: October Labour Force Survey Much Stronger Than Expected Today’s Labour Force Survey for October showed a stronger-than-expected net employment gain of 66,600, on the heels of September’s upside surprise. Cumulative gains in...
by sasha@traceyrobinson.ca | Oct 29, 2025 | Uncategorized
Today, the Bank of Canada lowered the overnight policy rate by 25 bps to 2.25% as was widely expected. This is the bottom of the Bank’s estimate of the neutral overnight rate, where monetary policy is neither expansionary nor contractionary. The economy will...
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...
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