As widely expected, the Bank of Canada cut its key policy interest rate by a quarter percentage point on Wednesday. The overnight target rate is now at 2.75%, the lowest since 2022.
More rate cuts expected due to US trade war
Concerns remain that more rate cuts may not be enough to spur real estate recovery
By Carl Gomez
CoStar Analytics
March 13, 2025 | 1:43 P.M.
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