Imaan Sheikh

Another potentially large cut is expected from the Bank of Canada on December 11. It will be the fifth and last update this year.

A few rate cuts from the Bank of Canada alleviated stress for aspiring homeowners, but residential real estate is about to get pricier.

Canada's been working on its inflation rate for years, and recently, this progress has reflected in the form of BoC rate cuts.

We still have three scheduled BoC updates left this year and the schedule for 2025 announcements just came out.

Who do falling interest rates help and hurt? 🏠 📉

June’s rate cut was a first in over four years 📉

An announcement is expected this month.

This comes after the May-long boycott was “extended indefinitely.”

Including PR holders, new citizens, and international students! 🇨🇦

Let’s look at the odds 🍣 🍱