Trade Tensions and Their Impact on Canadian Mortgage Markets As we approach tomorrow's Bank of Canada rate announcement, the interplay between international trade tensions and our domestic mortgage market deserves careful attention. The recent Trump administration's tariff policies are creating ripple effects that Canadian homeowners and investors need to understand.Global...
Bank of Canada Rate Announcement January 29th 2025
Bank of Canada reduces key interest rate to 3% on January 29, 2025 The Bank of Canada (BoC) made a significant announcement today, cutting its key lending rate by 25 basis points to 3%, marking its sixth consecutive rate reduction. This decisive move signals a continued shift in Canada's monetary...