According to a Reuters poll last week: * 24 of 28 economists expect no change at Wednesday's BoC meeting. * Two-thirds expect no further overnight rate changes at all this year. That's in clear defiance of market pricing (see table below). And the market is slightly more accurate

The Bank of Canada's job isn't done—judging from the hike and a half now priced into the #OIS# market this year. Markets see what the BoC sees: stubborn perkiness in labour, services and housing markets, with core inflation plateauing. The Bank of Canada knows rates

Multiple online brokers have launched in-house lenders in recent years. But this one's different. This one is Rocket Mortgage Canada, sister company to Rocket Mortgage, the largest retail lender in the United States, with $133 billion (USD) in originations last year. Rocket Canada's shiny new lender

🔢New Amortization Simulator: The simulator has been updated to reflect the market's latest implied rate path. Download the new version here. * BoC meeting odds: The #OIS# market now implies a 33% chance of a BoC rate hike on June 7. Another 25 bps increase is almost fully priced