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Bank of Canada Reduces Policy Rate to 2.75%
On March 12, 2025 , the Bank of Canada announced a 25-basis-point reduction to its overnight policy rate , lowering it to 2.75% . This...
Atta Hosseini
First-Time Homebuyers in Toronto Struggle to Find the Right Home Amid Rising Interest Rates
Many first-time homebuyers in Toronto are facing a common challenge: despite saving up for a down payment, high interest rates are making...
Atta Hosseini
Bank of Canada News
The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. The Bank...
Atta Hosseini
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