interest rate announcement Archives

Bank of Canada’s Interest Rate Announcement

Posted on December 11, 2024December 11, 2024 by Gerard Buckley

The Bank of Canada (BoC) announced a 50-basis point reduction in the policy interest rate on December 11, 2024, in response to recent labour market data and economic indicators. Bank of Canada’s December 11, 2024, Interest Rate Announcement: Previous Policy Rate: The BoC’s policy rate stood at 3.75%, following a 50-basis-point reduction in October 2024. […]

Why are we in a housing crisis: Some fundamental reasons.

Posted on October 24, 2023October 24, 2023 by Gerard Buckley

It’s hard to accept, but Ontario is in the middle of a housing crisis. Why is this? Basically, supply is not keeping up with demand. Many pundits and media say this is a crisis of interest rates; however, we believe it is a much deeper failing of public policy at both the provincial and municipal […]

Tag: interest rate announcement

Bank of Canada’s Interest Rate Announcement

Why are we in a housing crisis: Some fundamental reasons.

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