Interest rate

Economic Indicators

Canadian GDP beat expectations in July with boost from manufacturing

Strong month raises expectations for an October rate hike

By Craig Wong, The Canadian Press |September 28, 2018

2 min read

Tax News

CRA raises rate for corporate taxpayers’ PLOI

The agency released prescribed annual interest rates for Q4

By Staff |September 28, 2018

1 min read

Economic Indicators

Fed raises rates for 3rd time this year with 1 more expected

Fed's short-term rate rises by quarter-point

By Staff, with files from The Associated Press |September 26, 2018

3 min read

Economic Indicators

Fed rate, Canadian GDP numbers coming this week

What to watch for

By Staff |September 21, 2018

1 min read

BoC holds interest rate, but data ‘reinforce’ view more hikes needed

The Bank of Canada left its interest rate unchanged Wednesday in what could be just a brief pause along its gradual path to higher rates. The central bank kept its benchmark at 1.5%—but many experts have predicted it could introduce another increase as early as next month. In a statement Wednesday, the Bank of Canada […]

3 min read

Housing affordability worsens for 12 straight quarters: National Bank

Canadian housing was less affordable in Q2 for the twelfth straight quarter as mortgage interest rates continued to rise, National Bank said on Tuesday. The decline in affordability affected seven out of 10 urban markets, the bank’s Housing Affordability Monitor said, as mortgage interest rates rose for the fourth consecutive quarter. Victoria and Quebec City had the worst deteriorations […]

By Staff |September 4, 2018

1 min read

CRA makes one change to Q3 interest rates

The prescribed annual interest rates for Q3 2018 will remain mostly unchanged, CRA said Thursday. The only change from the previous quarter is the interest rate for corporate taxpayers’ pertinent loans or indebtedness, which is down to 5.16% from 5.18% in Q2. Last quarter, CRA increased the rate for family loans for the first time […]

By Staff |June 14, 2018

1 min read

Interest rate

Canadian GDP beat expectations in July with boost from manufacturing

CRA raises rate for corporate taxpayers’ PLOI

Fed raises rates for 3rd time this year with 1 more expected

Fed rate, Canadian GDP numbers coming this week

Where rates are headed—and how fast

BoC holds interest rate, but data ‘reinforce’ view more hikes needed

Housing affordability worsens for 12 straight quarters: National Bank

CRA makes one change to Q3 interest rates

CRA increases Q2 interest rates

Big banks’ forecasts for growth, rate hikes