UPDATED: Uncertainty over U.S. tariffs weighed heavily over the Bank of Canada’s decision to hold the country's overnight interest rate at 2.75 per cent, as the real estate sector keeps a close watch on the rapidly shifting economic situation.
UPDATED: The Bank of Canada has trimmed the nation’s overnight interest rate by 25 BPS to 2.75 per cent, offering an additional incentive for aspiring homebuyers during the busy spring season, while also emphasizing its anxiety over a trade war with the U.S.
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