The Bank of Canada announced on September 17th that its overnight rate will lower to 2.50% from 2.75%. Marks first rate cut since March. The cut is mainly due to declining GDP and rising unemployment rates nationally. The Bank continues to monitor the tariff situation with the US. The prime rate is now 4.70%. Additionally […]
The Bank of Canada announced on September 17th that its overnight rate will lower to 2.50% from 2.75%. Marks first rate cut since March. The cut is mainly due to declining GDP and rising unemployment rates nationally. The Bank continues to monitor the tariff situation with the US. The prime rate is now 4.70%. Additionally […]
The Bank of Canada announced on September 17th that its overnight rate will lower to 2.50% from 2.75%. Marks first rate cut since March. The cut is mainly due to declining GDP and rising unemployment rates nationally. The Bank continues to monitor the tariff situation with the US. The prime rate is now 4.70%. Additionally […]
The Bank of Canada announced on September 17th that its overnight rate will lower to 2.50% from 2.75%. Marks first rate cut since March. The cut is mainly due to declining GDP and rising unemployment rates nationally. The Bank continues to monitor the tariff situation with the US. The prime rate is now 4.70%. Additionally […]
The Bank of Canada announced on July 30th that its overnight rate will hold at 2.75%. Marks third pause after 7 consecutive rate cuts. With still high uncertainty, the Canadian economy showing some resilience, and ongoing pressures on underlying inflation, BoC decided to hold. The prime rate remains 4.95%. Additionally this week: – Urbanation report: Average […]
The Bank of Canada announced on July 30th that its overnight rate will hold at 2.75%. Marks third pause after 7 consecutive rate cuts. With still high uncertainty, the Canadian economy showing some resilience, and ongoing pressures on underlying inflation, BoC decided to hold. The prime rate remains 4.95%. Additionally this week: – Statistics Canada: GDP […]
The Bank of Canada announced on July 30th that its overnight rate will hold at 2.75%. Marks third pause after 7 consecutive rate cuts. With still high uncertainty, the Canadian economy showing some resilience, and ongoing pressures on underlying inflation, BoC decided to hold. The prime rate remains 4.95%. Additionally this week: – The Bank of […]
The Bank of Canada announced on July 30th that its overnight rate will hold at 2.75%. Marks third pause after 7 consecutive rate cuts. With still high uncertainty, the Canadian economy showing some resilience, and ongoing pressures on underlying inflation, BoC decided to hold. The prime rate remains 4.95%. Additionally this week: – Statistics Canada: National […]
The Bank of Canada announced on July 30th that its overnight rate will hold at 2.75%. Marks third pause after 7 consecutive rate cuts. With still high uncertainty, the Canadian economy showing some resilience, and ongoing pressures on underlying inflation, BoC decided to hold. The prime rate remains 4.95%. Additionally this week: – BMO Financial Group: […]
The Bank of Canada announced on July 30th that its overnight rate will hold at 2.75%. Marks third pause after 7 consecutive rate cuts. With still high uncertainty, the Canadian economy showing some resilience, and ongoing pressures on underlying inflation, BoC decided to hold. The prime rate remains 4.95%. Additionally this week: – Statistics Canada: The […]