The Bank of Canada Holds Rates Steady Amid Global Trade Turmoil
Bank of Canada April 2025 interest rate decision
Bank of Canada April 2025 interest rate decision
The Bank of Canada has cut interest rates to 3%, marking a major shift in monetary policy
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Canada’s GDP revisions have raised eyebrows, with stronger-than-expected growth figures for 2021 through 2023.
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 housing affordability crisis has been a growing issue, particularly in urban centers like Toronto and Vancouver. High demand, limited supply, and fluctuating interest rates have made it difficult for many Canadians to afford homes, whether buying or renting.
Debt can be a double-edged sword. It provides the means to achieve goals, be it buying a home, a car, […]
The Bank of Canada has announced a reduction in its target for the overnight rate, bringing it down by 25 […]