Tanya Richard-Rakhra

Tanya Richard-Rakhra

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Bank of Canada lowers policy rate to 2½% 09/17/2025

Finally. Great news for Buyers.

Bank of Canada lowers policy rate to 2½% 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%.

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