The Bank of Canada reduced its key interest rate to 2.5% today, marking its first cut since March and signaling a response to a slowing Canadian economy and persistent trade uncertainty. This move is expected to have a notable impact on the Greater Toronto Area (GTA) real estate market, offering new opportunities and challenges to both buyers and sellers.bankofcanada+3 Key Details of the Rate Cut The overnight rate was lowered by 25 basis points to... [read more]