Bank of Canada delivers 1st interest rate cut since March

The Bank of Canada cut its key interest rate Wednesday by 25 basis points to 2.5 per cent, and this marks the first cut by ...

Bank of Canada lowers interest rate to 2.5% in first cut since March

The Bank of Canada lowered its key interest rate by 25 basis points to 2.5 per cent on Wednesday, marking its first cut since ...

Renewing your mortgage? What the Bank of Canada’s rate cut means for you

According to the Bank of Canada’s research, 60 per cent of all Canadian mortgages will be up for renewal in 2025 and 2026.

Bank of Canada likely to cut interest rate by 25 basis points

The Bank of Canada is expected to cut interest rates by 25 basis points on Wednesday, spurred by weak job reports and economic contraction in the second quarter. It would be the first rate cut in nine ...