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...
by Tracey Robinson | Aug 5, 2025 | Uncategorized
As your local mortgage expert, I always aim to keep you informed about the economic forces that shape your borrowing power. On July 30th, 2025, the Bank of Canada (BoC) made its latest rate announcement, choosing to hold the overnight rate at 2.75% for the third...
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