Interest Rate Cut

• Latest Bank of Canada rate cut a ‘critical lifeline’ for B.C., mortgage brokers say

  The CMBA-BC said Wednesday's decision is a crucial step in creating more affordability and stability for British Columbians in the housing market.

  Economy

  Dec 11, 2024
  
• Bank of Canada could rein in rate cuts amid tax relief cheques: TD Bank

  The federal government has promised $250 rebate cheques in spring 2025, but the cash could mean at least one less interest rate cut.

  Canada

  Nov 27, 2024
  
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• Okanagan real estate takes step towards balance after Bank of Canada’s interest rate cut

  As anticipated, rates are being slashed by half of a percentage from 4.25 per cent to 3.75 per cent.

  Canada

  Oct 23, 2024
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• Interest rates on car payments not heavily affected by BoC key interest rate drop

  Despite the Bank of Canada cutting its interest rate a third time, car dealerships in Regina say it has little to no short-term effect on vehicle financing and interest payments.

  Canada

  Sep 5, 2024
• Canada’s economic growth flat in July amid oil and gas shutdowns

  Canada's GDP was virtually unchanged in July, after four consecutive months of growth.

  Money

  Oct 1, 2019
• Bank of Canada hikes key interest rate to 0.75%; next increase could be in October

  The Bank of Canada has hiked its benchmark interest rate to 0.75 per cent from 0.5 per cent.

  Money

  Jul 12, 2017