Bank of Canada drops overnight lending rate to 2.5% as economy shows signs of slowing
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Bank of Canada drops overnight lending rate to 2.5% as economy shows signs of slowing
2025, september 19
Trade tensions with the United States weigh on economic growth, prompting rate cut Today, the Bank of Canada announced that it has cut the overnight lending rate by 25 basis points to 2.5%. This marks the first rate cut since March. With softness taking hold in the labour market and trade tensions with the US
How to keep your home safe while away on vacation
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How to keep your home safe while away on vacation
2025, august 28
Whether you’re heading on a quick weekend getaway or planning a cross-country trip, leaving your home unattended can come with its risks. From break-ins and burst pipes to power outages and package thefts, unexpected issues can arise when no one’s around to keep an eye on things. The good news? With a few simple precautions,
Understanding the Bank of Canada’s overnight lending rate: What it...
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Understanding the Bank of Canada’s overnight lending rate: What it...
2025, august 08
Interest rates can shape the financial lives of Canadians in powerful ways. Whether it’s the monthly cost of a mortgage or the return on a savings account, most interest rates can be traced back to one key figure: the Bank of Canada’s overnight lending rate. In recent years, this benchmark has moved beyond financial circles
Defying national trends, Quebec sees robust 2025 spring housing market
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Defying national trends, Quebec sees robust 2025 spring housing market
2025, july 24
Whilst economic anxieties slowed other housing markets in Q2, Quebec’s major cities reported strong activity and price appreciation The province of Quebec’s real estate market continued to buck national trends in the second quarter of the year, showing few signs of slowing despite broader economic and political uncertainty. According to the latest results of the
Is your home prepared for extreme weather?
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Is your home prepared for extreme weather?
2025, july 18
Climate events like storms, floods, and wildfires are becoming more frequent and severe. Preparing your home for extreme weather is no longer optional — it’s non-negotiable for protecting your property and keeping your family safe. This guide will help you secure key areas of your home, from the roof to the basement, ensuring you’re ready
Nearly one in three Quebec renters considered buying before signing...
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Nearly one in three Quebec renters considered buying before signing...
2025, july 04
Ahead of Quebec’s traditional July 1st moving day, Royal LePage’s latest survey reveals a strong desire for home ownership among Quebec renters – despite financial challenges. Each year, July 1st marks a popular moving day for thousands of renters across the province of Quebec. In 2025, however, a notable share of renters in the province
La Banque du Canada maintient son taux directeur à 2,75...
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La Banque du Canada maintient son taux directeur à 2,75...
2025, june 12
Bank of Canada holds key lending rate at 2.75% as “Uncertainty remains high” Canada’s central bank keeps the overnight rate at its current level for the second month in a row Today, the Bank of Canada announced that it would hold the target for the overnight lending rate at its current level of 2.75%. This
Retirement and real estate in Quebec: Stay put or downsize?
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Retirement and real estate in Quebec: Stay put or downsize?
2025, may 28
Royal LePage survey offers new insights into the home ownership trends of retirees Nowadays, owning a home is a challenge – and paying off your mortgage in full is an even greater one – especially when you consider the continuing rise in property prices, exacerbated by the increased demand for real estate resulting from the
Tips for reopening your cottage this spring
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Tips for reopening your cottage this spring
2025, may 09
The arrival of warmer weather and longer days is a welcome sign for many Canadians – especially those eager to return to their cottages. With the Victoria Day long weekend fast approaching (often seen as the unofficial start of summer), thousands are preparing to unlock the cabin doors and breathe new life into their seasonal
Canadian home sales take a tumble in February as tariff...
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Canadian home sales take a tumble in February as tariff...
2025, march 25
Homebuyers stayed on the sidelines in February 2025, leading to a significant drop in home sales across the country, according to the latest market report from the Canadian Real Estate Association (CREA). With the ongoing trade war between Canada and the United States, market activity slowed to its lowest level in over a year. Home