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Bank of Canada Cuts Rate to 2.50% – Relief for Borrowers, but Inflation, Weak Growth, and Labour Market Strains Complicate the Picture
Dear reader, This morning (September 17, 2025), the Bank of Canada (BoC) lowered its overnight rate by 0.25% Â to 2.50% . The prime rate ,...
Simon Bilodeau
Sep 174 min read
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Bank of Canada Holds Rate at 2.75% – What It Means for You
Dear reader, The Bank of Canada (BoC) announced this morning (July 30, 2025) that it is holding its key overnight interest rate at 2.75%...
Simon Bilodeau
Jul 304 min read
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Bank of Canada Holds Rate at 2.75% – What This Means for You
This morning, June 4, 2025, the Bank of Canada (BoC) announced its decision to maintain the overnight rate at 2.75%. This marks the...
Simon Bilodeau
Jun 45 min read
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Bank of Canada Holds Rates – But Here’s What You Really Need to Know
The Bank of Canada held its overnight rate at 2.75% today (April 16), keeping the mortgage prime rate at 4.95%. After seven consecutive...
Simon Bilodeau
Apr 163 min read
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Bank of Canada lowers rates to adjust to Trumps' tariffs
On March 12, 2025, the Bank of Canada (BoC) announced a 0.25% reduction in its benchmark interest rate, lowering it to 2.75%. This makes...
Simon Bilodeau
Mar 124 min read
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