Anand Dua

09/17/2025

Bank of Canada cuts interest rate by quarter point to 2.5%

The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.

08/26/2025

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07/31/2025

Bank of Canada held its key overnight rate at 2.75%, pressing pause after several rate cuts over the past year. The decision reflects a wait-and-see approach as the economy continues to feel pressure from inflation and global uncertainty.

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

04/16/2025

This morning, the Bank of Canada announced it is holding its key overnight interest rate at 2.75%. After several consecutive rate cuts since last year, the central bank has now paused further changes amid ongoing economic uncertainty.

So, what does this mean for you?
In short, borrowing costs remain stable for now—even as the economy faces headwinds from inflation and global trade pressures.

03/16/2025

Tariff Update - Further Negotiations!

Trump's plans for tariffs and comments about Canada becoming a state has enraged the country's consumers and politicians.

02/24/2025

The thousands of Janams (past lives) that we have traversed through have brought us to this moment. This moment of being one with our beloved Guruji, who is also Maha Shiv himself.

Keep your connection and prayers with God, leaving the decision to HIM.

There will be pain, there will be testing, there will be tears, there will be remorse, there will be moments when FAITH will get challenged, there will be the odd question ‘Why me, What did I do wrong, Why despite being God’s devotee, I am going through this pain, Why are my beloved ones suffering?

But in the end, there is one truth - God will do what’s best for us,

Whatever is the best for a cause that needs to happen, will happen’ with Gods blessings.

Be strong, and be connected as a pious soul to God.

Jai Guru Ji!!

01/29/2025

Another Bank of Canada rate drop:

https://www.bankofcanada.ca/2025/01/fad-press-release-2025-01-29/

12/11/2024

Bank of Canada ends year with another big cut on overnight interest rate by 50 basis points making a second consecutive oversized cut in response to a spike in unemployment and growing signs of a weakening economy.

The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%.

10/23/2024

As expected, the Bank of Canada (BoC) has reduced 📉 the overnight lending rate by 50 basis points to 3.75%, marking the largest cut this year.

The Bank of Canada cut its key interest rate to 3.75 per cent on October 23 – its fourth consecutive cut in a long-awaited monetary policy easing cycle. The next interest rate announcement is December 11, 2024.

09/25/2024

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