Sydney Smith - Mortgage Broker

Sydney Smith || August 01, 2024

Latest GDP numbers: What they mean for the Bank of Canada's next rate decision

It's been a little over a week since the Bank of Canada delivered its second consecutive rate cut, but markets are already looking ahead to the next rate decision in September. This week,...

Sydney Smith || July 17, 2024

Slowing inflation raises Bank of Canada rate cut expectations

Canada's headline inflation rate slowed more than expected to a pace of 2.7% in June, according to new figures from Statistics Canada. That's down from May’s reading of 2.9% and reverses an...

Sydney Smith || July 12, 2024

Canadian housing market activity picked up in June

The Canadian housing market saw a modest increase in home sales in June, according to the latest report from the Canadian Real Estate Association (CREA). Home sales in Canada rose by 3.7% in June...

Sydney Smith || July 05, 2024

Jobless rate rises to 6.4% in June, raising questions about the BoC's next rate

Canada's labour market fell short of expectations in June, leading to an increase in the unemployment rate to 6.4%. Despite this weak report, most economists believe the Bank of Canada will not...