What the Bank of Canada rate cut means
The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more than four years. Here's what it could mean for your finances.
Stay updated with breaking news from Shannon Terrell. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more than four years. Here's what it could mean for your finances.
Most banks lowered their prime rates to 6.95% following the announcement
The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more than four years. Here's what it could mean for your finances.
Most banks lowered their prime rates to 6.95% following the announcement
The first home savings account is a 'must-have' for would-be homebuyers trying to break into the housing market, one expert says. Here's how to make the most of it.