June 5, 2024

What the Bank of Canada rate cut means for mortgages, consumer loans and investments

The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75%, the first cut in more than four years. Here’s what it could mean for your finances.  The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75%, the […]

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Bank of Canada’s rate cut could spur housing demand as Toronto home sales fall in May

Real estate market analysts say the Bank of Canada’s much anticipated decision to lower its key interest rate could be the sign that many would-be homebuyers have been waiting for to make their move.  Real estate market analysts say the Bank of Canada’s much anticipated decision to lower its key interest rate could be the

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