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Our Insights: Rate Cuts & Reins
The Bank of Canada's recent 25bps interest rate cut aims to stimulate the economy and lower borrowing costs, potentially revitalizing the housing market and affecting bond markets.
Rising Canadian business insolvency filings. Federal Budget increase in capital gains inclusion rate from 50% to 66.7%. The BoC hints at rate cuts, which could potentially weaken the loonie. Behavioural Economics reminds us of prudence.
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