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Content tagged with: Government

Bank of Canada lowers overnight rate 25 BPS to 2.75% amid trade war

Tyler Choi Government policy Government National Mar. 12 2025

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.

 

Bank of Canada trims 50 BPS, takes interest rate to 3.25%

Tyler Choi Government policy Government Ottawa Dec. 11 2024

UPDATED: The fifth consecutive rate cut by the Bank of Canada (BoC), 50 BPS to an overnight interest rate of 3.25 per cent, will likely stimulate homebuying in 2025. But real estate industry insiders expect many condo buyers to remain on the sidelines - for now. 

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RENXHOMES
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