Rob Crosby - Mortgage Broker

Rob Crosby || December 13, 2024

Bank of Canada cuts policy rate by another 50 basis points

The Bank of Canada has done it again—cutting its policy rate by another 50 basis points on Wednesday. This brings the total rate reductions in 2024 to 175 basis points (1.75 percentage points),...

Rob Crosby || November 28, 2024

Inflation ticks up in October: what it means for you

Canada's inflation rate was back on the rise in October, climbing to an annualized pace of 2.0% –– up from 1.6% in September. The rise was mainly driven by higher gas prices,...

Rob Crosby || October 24, 2024

Bank of Canada's fourth consecutive rate cut brings more relief to borrowers

The Bank of Canada delivered a 50-basis-point (bps) rate cut on Wednesday, bringing its policy rate to 3.75%, its lowest level in two years. This marks the fourth straight...

Rob Crosby || October 21, 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...