October 2025

The Bank of Canada (BoC) delivered another quarter-point rate cut this week, lowering its key interest rate to 2.25%. But while the move offers some relief for borrowers, the central bank signaled that this could be the last cut for a while. A Balancing Act Between Growth and Inflation The BoC’s decision comes as Canada’s economy continues to struggle with weak

Yesterday’s inflation report showed Canadian CPI rising 2.4% year-over-year, slightly above market expectations of 2.2%, and just above CIBC’s forecast of 2.3%. While the number came in a bit hotter than expected, it wasn’t enough to completely derail expectations for further rate cuts by the Bank of Canada (BoC). Market Reaction The higher inflation reading weighed on the Canadian stock