Bank of Canada Maintains Policy Rate at 2.75%
The Bank of Canada held its target for the overnight lending rate at 2.75%, marking the third consecutive decision to hold rates steady. In a scheduled announcement on Wednesday, July 30, 2025, the Bank reiterated that U.S. trade policy remains unpredictable, with new trade actions still being th
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July 2025 Victoria Real Estate Board Market Statistics
As we moved through July, the Victoria real estate market showed encouraging signs of balance—offering both buyers and sellers some breathing room during the typically slower summer months. A total of 680 properties changed hands in the Victoria Real Estate Board (VREB) region this July. That’s a 4.
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Canadian Economic Growth (May 2025)
Canadian real GDP decreased by 0.1 per cent in May, following a 0.1 per cent decrease in April. Service-producing industries remained unchanged, while goods-producing industries edged down by 0.1 per cent. Thirteen out of twenty major industries contracted from the previous month, led by broad-based
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