Bank of Canada Drops Policy Rate to 2.5%
We’re in a tricky economic moment, one of those “not quite here, not quite there” phases where central banks are walking a tightrope. Inflation remains […]
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Rate Update: What’s Really Going On
The Bank of Canada held its policy rate steady at 2.75%, catching many by surprise. Economists had been predicting a few more cuts this year, […]
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Mortgage Rates Are Going Down
The Bank of Canada once again lowered its key interest rate to 4.25% to help with economic challenges and support homeowners and buyers. The prime […]
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Bank of Canada Rate Announcement: March 6, 2024
Today’s Bank of Canada announcement gives us a bit of a breather. The overnight target rate didn’t budge, hanging tight at 5.00%. This keeps the […]
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