2025-01-29 | 09:08:28

Press Release Jan 29, 202- Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening

The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%.1 The Bank is also announcing its plan to complete the normalization of its balance sheet, ending quantitative...

2024-12-24 | 14:03:14

High housing values, interest rates and taxes contribute to post-pandemic exodus from Canada’s most expensive provinces.Tax rate increases, in tandem with record-high housing values and mortgage rates, have sparked a post-pandemic exodus from the...