According to the median forecast of more than 30 currency analysts in the March poll, the Canadian dollar will strengthen 1.5% to 1.34 per U.S. dollar, or 72.63 U.S. cents, in three months' time, matching last month's forecast. It was then expected to rally to 1...
While the Bank of Canada's rate cuts have reduced concerns about mortgage payment shocks as a large portion of mortgage owners will have to renew next year, analysts noted the possibility of a rise in competition. Canadian consumers who signed a mortgage when rates ...
play video: FP Outlook 2025: Election could restore Canada's credibility: Peter MacKay play video: Here's what will drive the Bank of Canada's next rate cut: CIBC play video: FP Outlook 2025: Why a variable rate mortgage is the better option in 2025 — Ron Butler play video: FP ...
play video: Here's what will drive the Bank of Canada's next rate cut: CIBC play video: FP Outlook 2025: Why a variable rate mortgage is the better option in 2025 — Ron Butler play video: FP Outlook 2025: 'Storm clouds' loom ahead for the Canadian dollar play video: Retailers ...
view complete forecast Stories continue below This advertisement has not loaded yet, but your article continues below. Local Businesses More Video Federal budget's clean-energy funding not enough to launch Inuit-led transmission project Clean electricity was the cornerstone of the last federal budget,...
As for pantry staples, the price of canned beans, pasta sauce and cooking oils have either become cheaper or remained stable, making it a good time to stock up. Canned tuna and salmon will become cheaper in the coming months, according to the forecast. ...
This year, a reversal in the interest-rate regime is bringing housing markets down to pre-pandemic levels. Even with soaring interest rates, the Canadian Real Estate Association forecasts more sales in 2022 and 2023 than in 2019. A higher-than-pre-pandemic sales forecast suggests the de...
1 Year Success Rate 13/16 ratings generated profit 1 Year Average Return +13.58% reiteratedabuyrating 3 months ago Popular Stocks Company Price & Change Follow NVDA Nvidia ― ― AAPL Apple ― ― MSFT Microsoft ― ― --- What am I Missing?
Last month, the bank cut its key overnight rate by 25 basis points after keeping it at a more than two-decade high for about a year. The cut boosted hopes that more rate reductions were coming, though BoC Governor Tiff Macklem has insisted that any future action...
Assistant Governor Christopher Kent met with economists and trading clients of RBC Capital Markets, the investment banking arm of Royal Bank of Canada, in February after the RBA held the cash rate steady at 4.35%, two sources told Reuters. The sources did...