Bank of Canada delivers second consecutive rate cut

Today, the Bank of Canada announced a 25-basis point cut to the benchmark rate, bringing it down to 4.50%. This is the second rate cut and will further help to ease interest costs for those with variable-rate loans.

Important Update:
Selling Tenant-Occupied Properties

On July 3, 2024, the Provincial Government announced significant changes that came into effect July 18, 2024, to…

Capital Gains Tax Hike Passes in the House

A ways and means motion to increase the capital gains tax passed in the House of Commons by…

Bank of Canada Cuts Policy Rate for First Time Since March 2020

The Bank of Canada decided to reduce its target for the overnight lending rate from 5% to 4.75%. The…