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ARTICLE · 11 NOVEMBER 2025

BoC's Rate Cut Triggers Hope And Concern In Housing Sector

The Bank of Canada (BoC) cut its interest rate by 25 basis points, lowering it from 2.50% to 2.25%. This marks the central bank's second consecutive rate cut, following the same reduction in September.

CanadaReal Estate and Construction

By: Ross McCredie

The Bank of Canada (BoC) cut its interest rate by 25 basis points, lowering it from 2.50% to 2.25%. This marks the central bank's second consecutive rate cut, following the same reduction in September.

"With ongoing weakness in the economy and inflation expected to remain close to the 2% target, Governing Council decided to cut the policy rate by 25 basis points," the bank announced on October 29. "If inflation and economic activity evolve broadly in line with the October projection, Governing Council sees the current policy rate at about the right level to keep inflation close to 2% while helping the economy through this period of structural adjustment. If the outlook changes, we are prepared to respond."

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