Markets see additional Bank of Canada rate cuts as economy slows, survey shows
Respondents see the BoC’s policy rate falling from 2.75% currently to 2.25% by the end of 2025, suggesting two additional 25-basis-point cuts in the months ahead. The median forecast calls for the first cut to come by June, with rates drifting lower in the second half of the year. The market’s median call for two […]
How Will Mortgage Rates React to the End of the Trade War?
Is it too soon to be talking about the end of the trade war? Perhaps, but there have been rumblings of a closed-door meeting to get a deal done, along with a softer stance from President Trump. The man who tends to get bond yields to calm down, Treasury Secretary Scott Bessent, was a speaker […]
Scotiabank now sees three Bank of Canada rate cuts in 2026
The updated outlook marks a departure from Scotiabank’s long-standing view that the BoC had already reached its terminal rate and would remain on hold at 2.75% throughout its forecast horizon. In a new report, Scotiabank’s economists say the outlook for growth is dimming quickly, thanks in large part to a “dramatic escalation of America’s war […]
Anxious about the cost of having kids? Don’t get discouraged, experts say
By Nina Dragicevic Having kids is more expensive than ever — inflation, housing and the cost of living are all in play — but experts say generational differences in child-rearing norms is likely another factor. It’s possible modern childhoods are also just busier and pricier, said Matthew Kempton, portfolio manager at Verecan Capital Management in […]