Move matches the rate decrease announced by the Bank of Canada
Prescribed rate set to drop as average yield on three-month Treasury Bills moves lower
Easing financial conditions, coupled with rising tech demands, could spur mergers and acquisitions
Canadian Real Estate Association says pace of cuts could prompt potential buyers to hold off for now
Central bank says its job has shifted from lowering inflation to maintaining it around the 2% target
Consumer spending supported by immigration-driven population growth
Decline in raw materials, industrial product prices led by crude oil
With inflation dropping quickly and growth weak, monetary easing set to accelerate
Mortgage borrowing powers debt rise, credit card balances up too
Mortgage buyer Freddie Mac says average is at highest level in 8 weeks — up from 6.32% last week