The Bank of Canada has lowered its overnight rate by 0.25%, bringing the policy rate to 2.25% and shifting Prime down to 4.45%. This marks the eighth rate cut in the last twelve meetings and is likely the final move for 2025. The possibility of further cuts in 2026 remains open, but the path ahead depends heavily on the evolution of inflation, the impact of U.S. tariffs and global conditions, and the upcoming federal budget on November 4. The Bank’s next meeting will take pla

Dear reader, This morning (September 17, 2025), the Bank of Canada (BoC) lowered its overnight rate by 0.25%  to 2.50% . The prime rate ,...

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%...

This morning, June 4, 2025, the Bank of Canada (BoC) announced its decision to maintain the overnight rate at 2.75%. This marks the...

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...

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...

The Bank of Canada (BoC) announced on January 29, 2025, a reduction in its key interest rate to 3.00%, a 0.25% decrease from the previous...

Dear reader, Are you tired of watching your hard-earned money go towards rent each month with nothing to show for it? You’re not alone....

Dear reader, The Bank of Canada (BoC) announced this morning, December 11, that it is lowering its key interest rate to 3.25%, a...

Dear Reader, The Bank of Canada (BoC) announced this morning (October 22nd) that it has lowered its overnight rate target to 3.75%. This...

Dear reader, This month, there are going to be two newsletters. Today I will be discussing the new mortgage rules that will take effect...

Dear Reader, The Bank of Canada (BoC) announced this morning (September 4th) that it has lowered its overnight rate target to 4.25%. This...

Dear reader, The Bank of Canada (BoC) announced this morning (July 24th) that they lowered their target for the overnight rate to 4.5%....

Dear reader, The Bank of Canada (BoC) announced this morning (June 6th) that they lowered their target for the overnight rate to 4.75%....

Vancouver Real Estate: Trends and Predictions  The Greater Vancouver real estate market is doing better this year vs April 2023. Sales...

Dear reader, The  Bank of Canada (BoC) announced this morning (April 10th ) that they are maintaining their target for the overnight rate...

The BoC announced this morning (March 6th) that they are maintaining their target for the overnight rate at 5.0%. Economists and market...

I'm excited to share some exciting news fixed mortgage rates have decreased from their recent highs, providing a great opportunity for...

This morning, January 24th, the Bank of Canada (BoC) announced that it will maintain the interest rate at 5.0%, marking the fourth...

This morning, December 6th, the Bank of Canada (BoC) announced that it will maintain the interest rate at 5.0%, marking the third...