Recent developments have led to significant changes in the trade landscape that may impact the Canadian economy and mortgage rates. On February 1, 2025, U.S. President Donald Trump announced the imposition of a 25% tariff on imports from Canada, with a 10% tariff specifically on Canadian energy resources. However, after […]
Daily Archives: February 9, 2025
2 posts
Happy New Year! As 2025 begins, we’ve received some encouraging news from the Bank of Canada—a reduction in the overnight rate to 3% and an end to the practice of selling off assets, known as quantitative tightening. These steps aim to strengthen our economy and make borrowing more affordable. Impact […]
