Mark Carney news

  • Zero per cent rate on the horizon?

    It was a bold – and disputed -- claim when he first made it over a month ago, but one former BoC advisor is once again predicting rates will drop to zero.

  • Poloz’s latest stance at odds with previous statements?

    One broker believes the Bank of Canada is sending mixed messages about the state of the housing industry based on who – and what – it is trying to influence.

  • DLC economist disputes rate forecast

    It was a bold rate prediction made by a solid source, but one that has already been shot down by the channel’s leading economist.

  • Was the rate cut the wrong move?

    The move is having a positive impact on broker business, but one analyst believes Stephen Poloz’s decision to cut the overnight rate in late January will negatively affect the economy.

  • Daily Market Update

    More stats confirm the heat, but a warning from the UK market reminds us of how things can change… Edmonton sees a construction surge, but City Hall struggle to keep up… Big banks set to post healthy profits; good news for mortgage markets …. And a new type of foreign visitor for our biggest cities.

  • Daily Market Update

    Canadians don’t consider home loans to be ‘debt’, especially the younger generation… Winnipeg councillors see audit on real estate deals… A bit of Canada up for sale in Miami... And, coping with the bubble, how the UK’s struggling with conditions similar to ours…

  • Daily Market Update

    Banking regulator warns of high prices and low mortgage rates…. Basement apartment permits scheme is painfully slow…. Why we should embrace social housing in our neighbourhoods…. And can our man in the UK prevent the bubble bursting?

  • Daily Market Update

    Three of Canada’s biggest financial institutions have released reports; the Bank of Montreal predicts a housing market slump in the next 5 years… the Bank of Canada says any crash would be devastating for the whole economy and the Teranet- National reports price rises in May….

  • Broker support from an unlikely place?

    It's not the first place brokers would expect to hear support for their position, but the former Bank of Canada chief and current Bank of England governor is shrugging off concerns about the housing market.

  • Don’t worry about Canada's housing market: Carney

    Mark Carney is now shrugging off concerns about Canada’s housing market.