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...
by sasha@traceyrobinson.ca | May 20, 2025 | Uncategorized
The headline inflation report for April showed a marked slowdown in the Consumer Price Index (CPI), which rose a mere 1.7% year over year (y/y), down sharply from the 2.3% rise in March. The slowdown in April was driven by lower energy prices, which...
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