03/12/2025
Today, the Bank of Canada announced a 25-basis-point cut to its policy interest rate, bringing it down to 2.75%. This move aims to support economic growth amid escalating trade tensions with the United States.
If you're considering buying or selling a home, this reduction could lead to more favorable borrowing conditions. Now might be an opportune time to explore your options. Have questions? Reach out—I'm here to help!
Read the full announcement here:https://www.bankofcanada.ca/2025/03/fad-press-release-2025-03-12/