Bank of Canada Holds Rate at 2.75%: Mortgage Takeaways
Posted by: Susan Spiegelhalter
On June 4, the Bank of Canada kept its overnight rate at 2.75%, citing U.S.–Canada trade turbulence and stubborn core inflation—despite a cool April headline Consumer Price Index of 1.7%. Why the pause? U.S. Tariffs Drama: Canada is still dealing with shifting steel and aluminum duties—a wildcard impacting supply prices . Economic Push & Pulls: Alert: Q1 […]
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