Mark Carney

CMHC Amidst Major Changes In March of this year, Finance Minister Jim Flaherty presented the idea of placing the Canada Mortgage and Housing Corporation (CMHC) under the auspices of the Office of the Superintendent of Financial … Read More

Mark Carney keeps 1% rate and bias towards hike in last policy decision – Financial Post As expected, Mark Carney and his policy team left the overnight lending rate at 1.00 per cent in Carney’s final … Read More

In his final interest rate announcement as Governor of the Bank of Canada (BoC), Mark Carney announced this morning that the overnight lending rate will remain at 1.00 per cent, where it has sat since September … Read More

How Low Can Mortgage Rates Go? Despite the public scolding from Federal Finance Minister Jim Flaherty in March, mortgage rates continue to fall to historic lows. Although most lenders aren’t as brazen as BMO and Manulife … Read More

Stephen Poloz named Canada’s next central bank chief – Financial Post After months of anticipation, Finance Minister Jim Flaherty shocked many by announcing that Stephen Poloz would be taking over Mark Carney’s position as Governor of the … Read More

In his final monetary policy announcement as Governor of the Bank of Canada (BoC), Mark Carney revealed the central bank will leave the overnight lending rate at 1.00 per cent. The overnight lending rate has remained … Read More