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The Bank of Canada has recently cut interest rates as the economy and labour market show signs of strain from U.S. tariffs. However, they have remained tight-lipped about any future monetary easing.

Lending options available to BC home owner and the benefits of using a Mortgage broker that knows the BC market and how they can benefit from using a mortgage broker.

Practical tip to help homeowner understand mortgage terms and types so they can make better decision to benefit them financially and reduce the cost of mortgage with better choices.

More Cuts Possible If Inflation Allows The central bank of Canada has decided to hold its policy rate at 2.75% for the second consecutive time. This decision comes despite stronger-than-expected growth in the Canadian economy during the first quarter of this year. In April, inflation was recorded at 1.7%. However, core inflation indicators were higher than anticipated. Notably, food prices surged by 3.8% in April. Additionally, the full impact of the US tariffs has yet to be