57 h. ago GTA Housing Market Sees Boost in September Following Interest Rate Cut

TORONTO, Oct. 03, 2025 (GLOBE NEWSWIRE) — September home sales increased in the Greater Toronto Area (GTA) compared to a year earlier, as more homebuyers sought to take advantage of more affordable monthly mortgage payments. Buyers continued to respond to substantial choice in the marketplace by negotiating the average selling price downward. “The Bank of […]

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57 h. ago Toronto home sales up in September following interest rate cut

5,592 home sales were recorded last month, up 8.5% compared to last year

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3 d. ago Bank of Canada says ‘weaker’ economy led to September rate cut

The Bank of Canada said last month's rate cut was as the result of the country's weakening economy amid the trade war and removing most retaliatory tariffs.

Other

4 d. ago Bank of Canada not convinced inflation risks are gone for good, deliberations show

Weakening labour market helped sway policy makers to cut interest rate

Economics

4 d. ago Weaker economy, end to some retaliatory tariffs spurred Bank of Canada cut: summary

A weakening economy and the removal of most retaliatory tariffs helped convince the Bank of Canada that a cut to its key policy rate was warranted. The Bank of Canada released its summary of deliberations on Wednesday from the meeting ahead of its Sept. 17 decision to cut its benchmark rate by a quarter-percentage point […]

Economics

4 d. ago Wood Mackenzie introduces Assets Valuations, Supply Chain, Markets Scenarios to the Lens Metals & Mining platform

Latest data analytics solutions to help energy and mining companies build resilient portfolios in an increasingly volatile market  LONDON, HOUSTON, SINGAPORE, 01 October 2025 – Wood Mackenzie, a global insight business for renewables, energy and natural resources, is to unveil three additions to its Lens Metals & Mining platform at Wood Mackenzie’s LME Forum 2025, delivering Assets Valuations, Markets Scenarios, and Supply Chain. Together, these latest solutions provide the industry an interconnected global view incorporating assets and market analysis that empowers capital allocation decisions.  […]

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1 week ago Trump’s workforce purge batters DC’s job market and leads to rise in homes for sale, report finds

WASHINGTON (AP) — The Department of Government Efficiency’s remaking of the federal workforce has battered the Washington job market and put more households in the metropolitan area in financial distress, according to a report released Wednesday. The number of homes for sale in the District of Columbia, Maryland and Virginia region, also known as the […]

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1 week ago GTA condo downturn not likely to be as severe as early ’90s: CMHC

Canada’s housing agency says the weakening condo market in the Toronto region has some parallels to the crash of the early 1990s, but several factors mean the current downturn will likely be less severe. Canada Mortgage and Housing Corp. says in the new report that a more diverse and stable economy, stricter lending rules, and […]

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2 w. ago Renewing your mortgage? What the Bank of Canada’s rate cut means for you

According to the Bank of Canada’s research, 60 per cent of all Canadian mortgages will be up for renewal in 2025 and 2026. What does the most recent rate cut mean for you?

Events

2 w. ago Interest rate cut not a 'remedy' to problems facing B.C. housing market

Larger economic factors are expected to continue to stall B.C.'s housing industry.

Other

2 w. ago Banks cut prime rate to 4.70%, following Bank of Canada’s lead

Reduction takes effect Sept. 18

Other

2 w. ago Five key takeaways from the Bank of Canada’s rate cut decision

The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday, bringing it to 2.5 per cent after three straight holds. Governor Tiff Macklem said the central bank has shifted to worrying more about a slowing economy than high inflation. Here’s what we learned about the economy, inflation and more from […]

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2 w. ago What economists are saying about the Bank of Canada decision and the chance of further rate cuts

The Bank of Canada cut its benchmark interest rate to 2.5% on Wednesday

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2 w. ago Analysts See More Easing Ahead After Bank of Canada Cuts to 2.5%

The Bank of Canada cut its policy interest rate for the first time since March, matching the expectations of markets and many economists. With weak economic growth on the horizon and a tough outlook for job-seekers, several analysts believe the central bank isn’t done.

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2 w. ago Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift

OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday as the central bank worries less about inflation risks and more about a slowing economy. The Bank of Canada’s policy rate now stands at 2.5 per cent, breaking a streak of three consecutive holds since March. Governor Tiff […]

Economics

2 w. ago Bank of Canada cuts interest rate to 2.5 per cent, the first cut since March

Economists largely expected the interest rate cut

Other

2 w. ago Bank of Canada widely expected to lower key lending rate today

OTTAWA — The Bank of Canada is set to announce its interest rate decision today, where it’s widely expected to lower its key lending rate. A quarter-point cut would bring the central bank’s benchmark rate down to 2.5 per cent after three consecutive holds at 2.75 per cent. The bank received a last-minute look at […]

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2 w. ago Norway Is Poised for a Cliffhanger Over Rate Cut: Decision Guide

Norwegian policymakers who signaled an upcoming interest-rate cut are now confronting arguments not to follow through with it, setting up investors for a close call.

Other

2 w. ago Economists unanimous on interest rate cut after latest inflation numbers

August’s core inflation numbers 'cemented' a rate cut by the Bank of Canada on Wednesday, says Scotiabank's Derek Holt

Economics

2 w. ago Core Inflation Eases in Canada, Opening Way for Another Rate Cut

Canadian underlying price pressures eased, even as the headline rate quickened slightly, clearing the way for the central bank to resume cutting interest rates this week.

Economics