Bank of Canada Rings in Year of the Snake with Rate Cut to 3% As Canadians usher in 2025, and many in the country celebrating Lunar New Year welcoming the Year of the Snake. The Bank of Canada has marked the occasion with a significant monetary policy decision. On January 29, 2025, the Bank announced […]
On June 5th, 2024, the Bank of Canada announced a surprising but welcome interest rate cut of 25 basis points, reducing its target for the overnight rate to 4 ¾, with the Bank rate at 5%. As the President and Managing Broker of Fifth Avenue Real Estate Marketing Ltd., Jamie Squires shares her insights on […]