What the Bank of Canada’s interest rate cut m...

This week, Prime Minister Mark Carney and U.S. President Donald Trump made waves in Davos, Switzerland as both offered competing visions of a new world order. Government and business leaders were in the Alps for the annual World Economic Forum, where the U.S. struck a ‘deal’ with ...  Show more

As part of Canada’s new trade deal with China, 49,000 Chinese-manufactured electric vehicles will be allowed to be sold in the Canadian market this year. It’s a big change from our previous 100 per cent tariff on Chinese-made cars. Auto leaders and Ontario Premier Doug Ford have ...  Show more

President Trump has called the US-UK trade deal "full and comprehensive" while Sir Keir Starmer said "it's going to not only protect jobs, but create jobs, opening market access".    The deal comes as interest rates are now at their lowest level for two years after the Bank of En ...  Show more

Mortgage rates aren’t directly influenced by Federal Reserve policy. However, the Fed’s recent cut likely will have a domino effect on the US housing market, say our Co-Heads of Securitized Products Research Jay Bacow and James Egan.

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The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything from mortgages to credit cards. It marks a crucial milestone for the central bank’s histori ...  Show more

On today’s show we are seeing another central bank drop their benchmark lending rate. The Bank of Canada dropped its benchmark interest rate for the third time in a row, leaving the rate at 4.25%. This is in stark contrast to the US Fed Funds rate which remains at 5.25%-5.5%.< ...