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Jun 2024
18m 53s

What the Bank of Canada’s interest rate ...

THE GLOBE AND MAIL
About this episode
The Bank of Canada lowered the interest rate to 4.75 per cent on Wednesday – the first rate cut in four years. As the country’s central bank aims to get the inflation rate closer to 2 per cent, further cuts could be on the horizon. Realtors are hoping the rate cut will reignite a stagnant housing market, by possibly allowing more people to qualify for mortga ... Show More
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