Tag: Bank of Canada

  • Bank of Canada Sept 17th Rate Cut: What It Means for You

    Bank of Canada Sept 17th Rate Cut: What It Means for You

    September 17, 2025: Today, the Bank of Canada (BoC) announced a quarter-point (0.25%) rate cut, lowering the overnight rate from 2.75% to 2.50%. Here’s what’s behind the decision, and what it could mean for homeowners and borrowers across Canada. Why the BoC Cut Rates The Bank of Canada’s move marks a shift from a period…

  • Canadian Job Growth Slows in February — All Eyes on the Bank of Canada Next Week

    Canadian Job Growth Slows in February — All Eyes on the Bank of Canada Next Week

    April 9th, 2025: After several months of solid job gains, Canada’s labour market hit the brakes in February, adding just 1,100 jobs — a major cooldown compared to December and January’s robust growth. With economic uncertainty rising and trade tensions continuing to impact the outlook, this slowdown is adding further weight to expectations of a…

  • Bank of Canada’s Rate Cut: What’s Next for Mortgage Holders?

    Bank of Canada’s Rate Cut: What’s Next for Mortgage Holders?

    March 12th, 2025: The Bank of Canada has lowered its overnight rate by 25 basis points to 2.75%, marking its seventh consecutive rate cut. While this move was anticipated, it comes amid ongoing economic uncertainty and the potential fallout from U.S. trade tensions. The central bank has signaled that further adjustments may be necessary, but…

  • Bank of Canada Cuts Interest Rates: What It Means for Homebuyers and Homeowners

    Bank of Canada Cuts Interest Rates: What It Means for Homebuyers and Homeowners

    Jan 29th, 2025: The Bank of Canada (BoC) has officially lowered its policy rate by 25 basis points, bringing it down to 3.0%. This widely expected move comes amid ongoing economic uncertainty and growing concerns over potential U.S. trade tariffs. But what does this rate cut mean for Canadian homebuyers, homeowners, and the broader housing…