Bank of Canada

UBC experts on rising mortgage and interest rates

UBC experts on rising mortgage and interest rates

The Bank of Canada continues to raise its benchmark lending rate to control inflation and now warn mortgage costs could go up by 30 per cent in the next five years. UBC experts are available to comment.

Jun 10, 2022

UBC experts available for comment on Bank of Canada warning on housing

The Bank of Canada cautioned today that housing price increases in Vancouver and Toronto are likely not sustainable at their current pace.

Jun 9, 2016

Another cut to Canada’s interest rate could make housing even more expensive

Another cut to Canada’s interest rate could make housing even more expensive

Canada’s slumping economy is leading some to speculate that the Bank of Canada will cut its interest rate from the already-low 0.75 per cent down to 0.5 per cent.

Jul 14, 2015