by sasha@traceyrobinson.ca | Mar 31, 2025 | Uncategorized
The Consumer Price Index (CPI) rose 2.6% year-over-year (y/y) in February, following an increase of 1.9% in January. With the federal tax break ending on February 15, the GST and HST were reapplied to eligible products. This put upward pressure on consumer prices for...
by sasha@traceyrobinson.ca | Mar 13, 2025 | Uncategorized
We have had many questions and emails in the last couple of weeks to try to understand what will happen with interest rates with all that is happening in the US and indeed Canada right now. Well that certainly is the $64 million dollar question! On one and,...
by sasha@traceyrobinson.ca | Jan 31, 2025 | Uncategorized
Bank of Canada Cuts Policy Rate By 25 BPs The Bank of Canada (BoC) reduced the overnight rate by 25 basis points this morning, bringing the policy rate down to 3.0%. The market had anticipated a nearly 98% chance of this 25 basis point reduction, and consensus aligned...
by sasha@traceyrobinson.ca | Sep 17, 2024 | Uncategorized
Today’s good inflation news and weakening economic data opens the door for a 50 basis point rate cut in October or December. The Consumer Price Index (CPI) rose 2.0% year over year in August, the slowest pace since February 2021, and down from...
by sasha@traceyrobinson.ca | Sep 6, 2024 | Uncategorized
The Canadian economy grew at a 2.1% annual rate in Q2, a bit stronger than expected, boosted by rapid population growth. Q3 got off to a weak start in July as housing markets remained tepid this summer. Bank of Canada Cuts Rates Another Quarter Point Today, the Bank...
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