Bank of Canada Lowers Interest Rate to 4.75%
October 11, 2024
The Bank of Canada has lowered its key interest rate to 4.75%, the first cut since March 2020. Governor Tiff Macklem cites increased confidence in
The Bank of Canada has lowered its key interest rate to 4.75%, the first cut since March 2020. Governor Tiff Macklem cites increased confidence in
This week, Canada’s prime rate increased from 5.95% to 6.45%. It is the highest prime rate in the last 20 years. According to TRREB (Toronto
The Canadian economy has been showing promising signs of growth in recent months, with a strong labor market leading the way. However, as the labor
If you’re contemplating the purchase of a home in Ontario, you’re probably already acquainted with the areas that are exorbitantly priced and should be avoided.
Buying a property in the pre-construction phase offers benefits like lower deposits, reduced maintenance needs, and avoiding competitive bidding. Yet, it’s essential to acknowledge the
Discover the Bank of Canada’s illuminating Market Participants Survey, unveiling crucial insights into the economy’s heartbeat, particularly focused on interest rates. This annual survey empowers
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