Top five takeaways from Bank of Canada’s surprise rate cut
The Bank of Canada surprised markets Wednesday with a 25 basis point cut to its benchmark interest rate. It marks the first time since September 2010 that the bank has moved on rates, though the move was completely unexpected.
Governor Stephen Poloz called the cut “insurance” against low oil prices and their harm to the Canadian economy. Below are five key takeaway messages from the rate cut, which brings the benchmark rate from 1% to 0.75%.
Click here to read more in the Financial Post.
Why buying a home in the winter might be the perfect time
By Genworth Canada
We’ve come up with a few reasons why buying a home in the winter may make more sense in the long run and may even help your find your dream home within budget too! Check out our top reason’s why this might be a good time for you to start looking.
Click here to read more from Genworth Canada.