Blog tagged as Bank of Canada

Turmoil in Real Estate Investments
The Canadian economy expanded at an annualized rate of 1.7% in the first quarter of 2024, missing forecasts. Real gross domestic product (GDP) likely saw a 0.3% monthly growth in April after the economy stalled in March.
22.07.24 09:06 PM - Comment(s)
Latest Canada GDP Figures Revealed
The Canadian economy expanded at an annualized rate of 1.7% in the first quarter of 2024, missing forecasts. Real gross domestic product (GDP) likely saw a 0.3% monthly growth in April after the economy stalled in March.
03.07.24 05:17 PM - Comment(s)
Rate Cuts and The Canadian Dollar
The Canadian dollar could drop to 69 cents against the US dollar amidst expected interest rate cuts by the Bank of Canada.
03.07.24 05:17 PM - Comment(s)
Bank of Canada Update



On June 5, 2024, the Bank of Canada (BoC) made a significant move by cutting its key interest rate from 5.0% to 4.75%. This decision marks the first rate cut since March 2020 and signals a shift in the country's monetary policy. The rate cut is expected to have far-reaching implications for business...

10.06.24 08:27 PM - Comment(s)
Unleashing Financial Freedom

In the ever-evolving landscape of personal finance, individuals are constantly seeking efficient ways to manage their money. One such financial tool that has gained popularity in recent years is the Home Equity Line of Credit (HELOC). This financial instrument provides homeowners with a flexible and...

24.01.24 04:42 PM - Comment(s)