Posted on Sep 17, 2025
On September 17, 2025, the Bank of Canada lowered its policy (overnight) rate by 25 basis points to 2.50%, marking the first rate cut in six months. The Bank Rate sits at 2.75%, deposit rate at 2.45%.
The BoC didn’t make this decision lightly. Several red flags pushed them:
The economy has shed over 100,000...
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