RICHMOND AND GREATER VANCOUVER REAL ESTATE NEWS

Bank of Canada Interest Rate Announcement

Bank of Canada Interest Rate Announcement

Michael Cowling
Published on: 30/07/2025

The Bank of Canada held its overnight rate at 2.75% on July 30, 2025, amidst US tariffs, weakening GDP, and inflation risks. Discover how this decision impacts the Canadian economy, mortgage rates, and future rate cut expectations, with insights from BCREA's Chief Economist.

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