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Bank of Canada cuts policy rate by another 50 basis points
The Bank of Canada has done it again—cutting its policy rate by another 50 basis points on Wednesday. This brings the total rate reductions in 2024 to 175 basis points (1.75 percentage points),...
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Inflation ticks up in October: what it means for you
Canada's inflation rate was back on the rise in October, climbing to an annualized pace of 2.0% –– up from 1.6% in September. The rise was mainly driven by higher gas prices,...
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Refinancing and Debt Consolidation Strategies to Reduce Debt in 2025
Refinancing and Debt Consolidation Strategies to Reduce Debt in 2025As interest rates shift and financial landscapes evolve, homeowners across Atlantic Canada are increasingly exploring ways to manage...
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Bank of Canada's fourth consecutive rate cut brings more relief to borrowers
The Bank of Canada delivered a 50-basis-point (bps) rate cut on Wednesday, bringing its policy rate to 3.75%, its lowest level in two years. This marks the fourth straight...
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