Bank of Canada cuts key interest rate to 4.25%
On Wednesday, the Bank of Canada implemented its third consecutive interest rate cut, lowering the key lending rate to 4.25 per cent. This quarter-point reduction was largely anticipated by experts due to ongoing economic weakness and declining inflation. Governor Tiff Macklem explained that the ce
B.C. Reduces Eviction Notice Period for Sold Properties
The NDP government is reducing the eviction notice period for landlords selling their property following feedback from the housing industry, which argued that the new rules hinder homebuyers from purchasing tenanted properties. On Thursday, the B.C. housing ministry announced that the notice period
Bank of Canada cuts key interest rate to 4.5%
On Wednesday, the Bank of Canada reduced its benchmark interest rate by a quarter of a percentage point, marking the second consecutive cut in its current easing cycle. The central bank's policy rate, which significantly impacts borrowing costs nationwide, now sits at 4.5 percent. This move was ant
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