@ctvnews: The Bank of Canada has cut its overnight rate by 25 basis points, a move not seen since the beginning of the pandemic. Wednesday’s announcement puts the policy rate at 4.75 per cent, down from the 5 per cent it has been sitting at since July of last year. For more, see the link in our bio🔗 #breakingnews #news #boc #ratecut #interestrate #canada
CTVNews
Region: CA
Wednesday 05 June 2024 14:18:45 GMT
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Ray :
Time to buy a 1.2 million dollar bungalow
2024-06-05 14:30:20
387
IBCanadian🇨🇦 :
I wonder if the extreme right-wingers will credit Trudeau or just blame him when interest rates go up.
2024-06-05 14:59:44
62
Dan :
Now just think, if Pierre got his election and won, he’d be taking all the credit for this
2024-06-05 16:31:37
15
0000 :
on a million dollar mortgage it's a 150$ difference in payment
2024-06-05 15:24:09
80
Cagnaynay20 :
Still unaffordable. Even with the rate cut. However I can go and buy a house in Texas for way less
2024-06-05 17:10:57
19
BePerky :
Driving UP HOME PRICES
2024-06-05 14:36:45
42
jcw :
.25 ain't doing nothing 😭
2024-06-05 21:26:42
20
miserable :
should've Raised it 2%
2024-06-05 17:55:52
5
SteveR :
too late to make a difference 😡
2024-06-05 14:47:45
6
Yer mum :
I can afford to feed my children again
2024-06-05 19:39:19
2
CabbageRolls&Coffee 🇨🇦 :
yay!!
2024-06-05 14:31:04
1
TJ2007 :
I can finally afford to get Disney plus back
2024-06-05 20:39:19
7
TorontoYYZ :
Imagine a boycott – don’t buy homes - guess who makes no money? Banks!
2024-06-05 14:54:42
4
DerekHuff7 :
It's a good start in the right direction.
2024-06-05 15:49:28
4
cody 🩸 :
They need to hold it for 5 years.
2024-06-05 16:43:07
1
🇨🇦 Josh 🇨🇦 :
Rates will crash by the end of the year
2024-06-05 14:31:47
6
Benjamin Liam :
Paying 5 grands to the first 7 to message me "STRUGGLING" Cus I'm blessed being a millionaire💯🥶
2024-06-05 14:40:11
1
PandaMak :
That not enough !!!! 😭😭😭
2024-06-05 17:03:38
3
ferg0429 :
get the bids out they about skyrocket
2024-06-05 18:27:57
2
Corey🪬💎 :
sweet i still can’t buy a house.
2024-06-05 22:29:09
1
Debbie :
🤣🤣🤣wow
2024-06-05 16:15:29
0
M.MCQUEENEY :
That’s .25 %…. Yippy!!!
2024-06-05 19:12:33
0
Pawel.l84 :
Now I can buy a bungalow for 1.5milljon
2024-06-05 17:48:18
0
user11041639917213 :
Ridiculous y not lower
2024-06-05 14:29:42
0
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