Six weeks ago the BoC warned that higher rates were imminent. Much has changed since then. Will the Bank pivot when it meets this Wednesday? (Hint: It should)

This week's post offers my take on whether Canadian mortgage rates will be impacted by the recent rise in our inflationary pressures.

This week the contrarian in me challenges the notion that choosing a fixed mortgage rate over its variable equivalent is a no brainer in the current environment.

The Bank of Canada expects that it will have to raise its policy rate to keep inflation near its 2% target, but our recent economic data imply otherwise.

The Bank of Canada wants to keep raising its policy rate but says that it will be data dependent. Our latest wage data may test the veracity of that claim in short order.

Last week the Bank of Canada raised its policy rate by 0.25%, as expected. What really caught the market’s attention was the Bank’s decision to drop the word “gradual” from its accompanying policy statement.

When the Bank of Canada meets this week, bond-market investors will be looking for one key word in the Bank's accompanying policy statement.

If you’re keeping an eye on Canadian mortgage rates, you would be wise to keep your other eye focused on what is happening with inflation south of the border.