Devesh Dhir - Mortgage Professional

Devesh Dhir || August 20, 2024

Inflation continued to ease in July

Canada's headline inflation rate slowed to a pace of 2.5% in July, Statistics Canada reported. The reading was in line with expectations and was down from June's headline figure of 2.7%. The...

Devesh Dhir || 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,...

Devesh Dhir || 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...

Devesh Dhir || July 16, 2024

Canada set to grow in different ways

The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...