How a Bank of Canada cut might affect housing, mortgages as U.S. tariffs intensify
In the face of ongoing uncertainty over U.S. tariffs, the relief offered by an expected Bank of Canada interest rate cut on Wednesday is unlikely to revive Canada’s sluggish housing market, industry experts say.
Warren Buffett: Tariffs are ‘an act of war’
“Tariffs are actually — we’ve had a lot of experience with them — they’re an act of war, to some degree,” Buffett said in an interview with CBS that aired on Sunday.
“The Tooth Fairy doesn’t pay ‘em!”
Bank of Canada cuts key rate by 50 basis points in oversized step
The Bank of Canada delivered an oversized interest rate cut of half a percentage point on Wednesday, focusing now on boosting the Canadian economy amid signs inflation is well under control.
‘No one has $70,000 dollars lying around’: Toronto condo owners facing massive special assessment
Many condominiums like to keep maintenance fees as low as possible but this could cause issues when you need to do a major repair. When buying a condo, it’s always advisable to check it’s financials carefully and see if any special assessments are pending.
Canada’s fertility rate has hit a record low. What’s behind the drop?
Canada’s fertility rate, which has been steadily declining, has hit a record low and the country is now among the “lowest-low” fertility nations.
‘Exceptional’ mortgage rates spotted in Canada after U.S. Fed rate cut
The U.S. Federal Reserve’s 50-basis-point interest rate cut on Wednesday is having ripple effects north of the border, with experts pointing to implications for both the Bank of Canada and Canadian mortgage holders.
