On April 16, 2025, the Bank of Canada (BoC) held its key policy rate at 2.75%, pausing its string of rate cuts after seven consecutive reductions. The decision reflects a cautious approach amidst persistent economic uncertainty, trade-related risks, and mixed inflation data. For homeowners in Abbotsford, Surrey, and nearby areas, this announcement may seem uneventful...
The Bank of Canada has announced a 25-basis-point reduction in its overnight lending rate, bringing it down to 2.75%. This marks the seventh consecutive rate cut, aimed at mitigating economic uncertainty caused by trade tensions and slowing inflation. For Canadians—especially those in Abbotsford, Surrey, and Edmonton—this development carries significant implications. Whether you are a homebuyer,...
Did you apply a farm mortgage that is near renewal? There is no time for taking a chance when your farm ownership and agricultural cash flow is at stake. To take care of everything, mortgage renewal planning is important. Understanding your current situation and taking a look at your financial statement is the first step...
