Bank of Canada expected to cut interest rate today and signal more to come
financialpost.com
Bank of Canada is widely expected to cut its policy rate by 25 basis points on Wednesday. Find out more
  • psvrh@lemmy.ca
    181·
    2 months ago

    Welp, that pretty much nixes housing being affordable any time soon.

  • Lulzagna@lemmy.world
    9·
    2 months ago

    My mortgage broker sent me a renewal package. Just threw that out. I still have a few months.

    • Troy@lemmy.ca
      6·
      2 months ago

      Yeah, CIBC is pestering me too. “Lock in early and get a special rate!”. Aka, I still have two probable quarter points before renewal…

  • xmunk@sh.itjust.works
    4·
    2 months ago

    And if we managed to get Galen Weston and his buddies under control maybe Canadians would actually feel like those cuts were accurate!