by Brendon Ogmundson | May 31, 2024 | Columnists
“I am a patient boy, I wait, I wait, I wait, I wait …” This opening line to the classic 1988 punk-rock anthem Waiting Room, by Fugazi, expresses a sentiment currently felt across the Canadian housing market as we wait on the Bank of Canada. Indeed, there’s a...
by Daniel Foch | Jul 13, 2023 | Columnists
The Bank of Canada delivered another 25 basis points to the economy Wednesday — increasing the central bank’s overnight rate to 5.0 per cent. This furthered a historic tightening in monetary policy that brought interest rates from record lows back to rates we...