The Bank of Canada reduced its benchmark interest rate by a quarter point to 2.25 per cent for the second rate cut in a row. Central bank governor Tiff Macklem says U.S. President Donald Trump’s tariffs and trade war inflicted ‘structural’ damage to the Canadian economy. Anne Gaviola has more on what this means for the housing market, variable-rate mortgages and food inflation.
Canada
What does Canada’s latest interest rate cut mean for housing and food inflation?
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