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Bank of Canada cuts interest rate for first time in 4 years

Bank of Canada cuts interest rate for first time in 4 years
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Bank of Canada delivers rate relief to consumers, paving way for stronger spending

The decrease will bring modest financial relief to borrowers, but since more cuts are likely, debt-servicing charges should become less onerous for many households

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Bank of Canada rate cut : Find out how it affects your mortgage

Bank of Canada rate cut : Find out how it affects your mortgage
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S&P/TSX composite index rises after Bank of Canada rate cut, U S markets rally

S&P/TSX composite index rises after Bank of Canada rate cut, U S markets rally
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Bank of Canada Cuts by 25 basis points, to 4 75% as Economy and Inflation Slowed QT Continues

"With continued evidence of a slowdown in underlying inflation," the Bank of Canada said today that "monetary policy no longer needs to be so tight" and cut

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