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My Mortgage Blog — Latest Posts
Bank of Canada cuts policy rate to 4.25%
The Bank of Canada has dropped its policy rate to 4.25%, cutting it by 25 basis points this morning. This marks the third consecutive rate reduction by the central bank this year,...
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Inflation continued to ease in July
Canada's headline inflation rate slowed to a pace of 2.5% in July, Statistics Canada reported. The reading was in line with expectations and was down from June's headline figure of 2.7%. The...
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Latest GDP numbers: What they mean for the Bank of Canada's next rate decision
It's been a little over a week since the Bank of Canada delivered its second consecutive rate cut, but markets are already looking ahead to the next rate decision in September. This week,...
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Slowing inflation raises Bank of Canada rate cut expectations
Canada's headline inflation rate slowed more than expected to a pace of 2.7% in June, according to new figures from Statistics Canada. That's down from May’s reading of 2.9% and reverses an...
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