Borrowers may have welcomed recent rate cuts from the Bank of Canada, but TD Bank and CIBC predict an additional 175 bps cut by the end of 2025, lowering the overnight rate to 2.75%.
Borrowers may have welcomed recent rate cuts from the Bank of Canada, but TD Bank and CIBC predict an additional 175 bps cut by the end of 2025, lowering the overnight rate to 2.75%.