Bank of Canada Cuts Rates: What It Means for Canadians and the Economy
Bank of Canada cuts interest rates by 25 basis points to 2.75%
Bank of Canada cuts interest rates by 25 basis points to 2.75%
The Bank of Canada has cut interest rates to 3%, marking a major shift in monetary policy
Bank of Canada has cut its policy rate by 50 basis points to 3.25%, aiming to support economic growth and stabilize inflation.
Canada’s GDP revisions have raised eyebrows, with stronger-than-expected growth figures for 2021 through 2023.
Canada’s mortgage rates are expected to see gradual changes over the next few years, with potential rate cuts as the economy stabilizes.
A Trump re-election could drive up mortgage rates, create economic uncertainty, and shift the dynamics of Canada’s real estate market.
Bank of Canada’s recent rate cut aims to ease financial pressures, with variable-rate borrowers seeing relief. Interestingly, fixed mortgage rates are now lower than variable ones, reshaping borrowing strategies in a shifting economic landscape.
Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers
Canada’s Real Estate Market Set for a 2025 Rebound Amid Shifting Policies and Economic Dynamics.
In a landmark move aimed at making homeownership more accessible for Canadians, the federal government has announced its most significant […]