2025-01-29 Bank of Canada Cuts Rate by 50bps The Bank of Canada cut its key interest rate by 50bps for a second consecutive decision in its December meeting, as expected by markets, to mark 175bps of cumulative rate cuts from this cycle’s peak of 5%. Still, rhetoric from policymakers...
The prime interest rate in Canada is influenced by the Bank of Canada’s policy rate. The Bank has scheduled meetings on eight fixed dates each year. It’s during these meetings that any policy rate adjustments are typically announced. Types of interest rates As said earlier, the banks dete...
2024 is well within the 1-3% target range, 2) the Canadian dollar is not doing so well lately against the U.S. dollar, 3) FED's interest rate cut expectations for 2025 have been significantly reduced
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Actual Previous Highest Lowest Dates Unit Frequency 25480.03 25434.08 25843.20 1332.22 1979 - 2025 points Daily Market Data Coverage: Canada RelatedTSX Gains 9th Day Despite Trade Concerns Canadian Dollar Rises on Weak USD Canada 10-Year Bond Yield Holds Steady Canada New Home Prices Edge Down ...
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Canada FPT Payment Dates 2025 Depending on the program you are eligible for, the payment dates in 2024 are: GST/HST Credit The Goods and Services Tax/Harmonized Sales Tax credit is paid quarterly: January 3, 2025 April 4, 2025 July 4, 2025 October 3, 2025 For the July 2024 to June 20...
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The new capital gains tax proposed in the Liberal budget has led to speculation that there might be a flood of cottages entering the market or a push for earlier closing dates as sellers try to avoid a hefty tax bill. “I am seeing an increase in people wanting to list their properties ...