💡See also: Canada’s Economy Hits Pothole. Rate Outlook Stable Tuesday was a tale of two GDPs as Canadian growth contracted sharply while U.S. growth blasted above estimates. That immediately raised the question: Will a rising American tide lift Canada's boat, once a North American trade pact

💡See also: Mortgage Tidbits (below). In the absence of any data worth losing sleep over, Canadian bond yields drifted slightly lower on Monday. They decoupled from U.S. yields, which moved a few ticks higher. Bond traders will start this morning staring at their screens, awaiting direction from Canadian and

With oil prices near 4+ year lows, many rate-watchers are pondering what that means for mortgage rates. The reality is it's a complex relationship. Oil price moves aren't “good” or “bad” in a consistent way. Whether oil causes monthly payments to shrink or swell boils down

The BoC held the line on rates this morning, and nobody had to feign astonishment. Heading into the decision, overnight swaps were pricing a 94% chance of no move, leaving the remaining 6% for the people who still bet on lottery tickets. "Employment has shown solid gains in the