Bank of Canada

The Bank of Canada kept its key interest rate target on hold Wednesday as it pointed to a climate of broadening, important unknowns around trade. In explaining its decision to maintain its benchmark at 1.25 per cent, the central bank noted…

Canada's real estate market will hit a slow patch in 2018 as tighter mortgage stress tests apply pressure and the impact could be exacerbated if an expected interest rate hike drives buyers to put off their home purchases, economists said…

TORONTO – The Toronto Real Estate Board says the number of sales in the Greater Toronto Area in November was slightly higher than the previous month _ a positive sign for the industry despite a series of year-over-year declines from last…

OTTAWA –  The Bank of Canada left its benchmark interest rate unchanged Wednesday following two straight hikes, but suggested future increases are still likely, albeit at a more-gradual pace. In its scheduled announcement, the central bank…