November 23, 2024
Bank of Canada interest rate drop a promising trend, P.E.I.-based finance expert says #CanadaFinance

Bank of Canada interest rate drop a promising trend, P.E.I.-based finance expert says #CanadaFinance

CashNews.co

  • 37 minutes ago
  • News
  • Duration 6:39

The Bank of Canada lowered its key interest rate to 4.25 per cent last week, delivering its third consecutive rate cut. For more on this, mortgage broker and financial advisor Paul Trainor joined CBC News: Compass host Louise Martin.