Commercial Real Estate

2 Articles 0 Followers

Morning JAVA: Bank Of Canada Lowers Key Lending Rates Again!

26 Jul 2024 3 minute read 1 comment SweptOverNiagara

On Wednesday, the Bank Of Canada lowered its key lending rates by 25 basis points or a quarter of one percent, for the second month in a row. This brings the BoC's key lending rate down to 4.5%. It's now clear the bank is shifting its focus of f...

Morning JAVA: Bank Of Canada Lowers Key Lending Rates Again!

Just Another Quarter Percent Rate Hike From The Bank of Canada

7 Jun 2023 1 minute read 2 comments SweptOverNiagara

I just got word that the BoC has increased its key lending rate by another 25 basis points after pausing during the previous two meetings. Going against expectations, the bank raised the lending rate to 4.75%. Darn, that means everyone here in Canada...