The Bank of Canada has sucker-punched rate floaters and the real estate market with a 25 bps rate boost. In one swift statement, it has decidedly reset rate expectations. Market odds now have a July 12 hike at a 61% probability, with potentially another increase by December. Another move would

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