Business

Understanding the Recent Interest Rate Cut in Canada and Its Impact on Real Estate

The Bank of Canada recently announced interest rate cut on Wednesday June 5th, 2024, a decision that has wide-ranging implications for the country's economy, particularly the real estate market. This move comes in response to ongoing economic challenges and aims to stimulate growth by making borrowing more affordable. Here, we break down what this rate cut means for Canadians, especially those involved in...

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