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What will the Bank of Canada’s rate cut mean for you?

What will the Bank of Canada’s rate cut mean for you?

Update: 2024-10-23

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The Bank of Canada has slashed its key interest rate to 3.75 per cent, the biggest drop since the start of the pandemic. We look at how long it will take for this to reach the wallets of cash-strapped Canadians — and the tightrope the Bank is walking when it comes to inflation.

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What will the Bank of Canada’s rate cut mean for you?

What will the Bank of Canada’s rate cut mean for you?