Real estate signage is depicted on 16 September 2025 in Toronto. (Ivan Mitsui/CBC)
Bank of Canada on Wednesday reduced its major interest rate from 25 basis points to 2.5 percent, causing its first cut after March.
more to come
About the author
Jena benchtrit is a senior business writer for CBC News. She writes stories about Canadian economic and consumer issues, and has recently covered American politics. She was part of the team that won the Silver Digital Publishing Award in Best News Coverage to cover the 2024 US election. A Montreal, a Montreal, located in Toronto, has received a master’s degree in journalism from Toronto Metropolitan University. You can reach her on jenna.benchetrit@cbc.c.ca.
