Canada Lowers Interest Rate to 2.5%
Posted on Sep 17, 2025
The Bank of Canada has lowered its overnight policy rate to 2.5 per cent. In its announcement, the Bank highlighted that U.S. tariffs have significantly weighed on Canadian exports and curbed business investment. While household spending has remained relatively strong, Canada’s GDP still contracted by about 1.5% in the second quarter, right in line...
