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Relief at last: Bank of Canada cuts rate after a six-month pause — easing pressure on mortgages and debt

The Bank of Canada dropped its overnight lending rate by 0.25% on September 17, 2025, lowering its target rate from 2.75% to 2.50%. This latest rate drop breaks the BoC's recent streak of three ...
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BoC holds rate in January 2026: What is the Bank of Canada interest rate and how does it impact you?

Here's how the overnight rate from the Bank of Canada can affect your everyday spending ...