Category : Search result: Bank of Canada rate cut


Allied Properties REIT Cuts Distributions to 6 Cents

Allied Properties REIT announces a reduction in monthly distributions to unitholders to six cents per unit as part of its ongoing non-core asset sales strategy. Learn the details and implications.

Food Bank Use at Alarming High in Canada

Food bank reliance in Canada has hit a critical level. Learn the key facts and discover concrete ways you can support your community during this urgent time of need.

Trump Picks Fed Chair, Hassett Likely Choice

President Donald Trump confirms he has chosen his nominee for Federal Reserve chair, with top adviser Kevin Hassett the frontrunner to replace Jerome Powell and pursue rate cuts. Details on the selection and market impact.

Eli Lilly cuts price of obesity drug Zepbound

Pharmaceutical giant Eli Lilly has reduced the price of its obesity medication Zepbound to improve patient access. The move comes amid growing demand for GLP-1 drugs in Canada and globally.

Variable Mortgage Surge: Risks vs Savings

Canadian homeowners are flocking to variable-rate mortgages despite potential rate hikes. Expert analysis reveals whether the upfront savings justify the financial risk in today's uncertain economy.

Guelph senior loses $15K in bank card scam

Guelph police issue urgent warning after senior loses nearly $15,000 in sophisticated bank card scam. Learn how to protect yourself from financial fraud.

UPEI food bank visits surge 60% as costs rise

University of Prince Edward Island campus food bank records dramatic 60% increase in student visits between 2022-2024 as living costs skyrocket. Learn how students are coping.

Ottawa's Beef Import System Keeps Prices High

An exclusive investigation reveals how Canada's outdated beef import permit system, controlled by a small group, is deliberately keeping prices high for consumers. Learn the facts.

Regina forecasts 15.69% mill rate increase for 2026

Regina residents face significant property tax increases as city administration reveals 15.69% mill rate hike in preliminary 2026-27 budget documents. Learn what's driving the proposed increases.

Variable-Rate Mortgage Savings May Be Ending

Markets now predict only 33% chance of another Bank of Canada rate cut in 2026 as bond yields spike. Learn how this affects mortgage rates and home affordability.

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