Bank of Canada continues to Lower Interest Rates—What it means for NMMA Canada Members
Jan 7, 2025 In their December newsletter, NMMA Canada noted the effect of the Bank of Canada move to lower interest rates. In a move welcomed by many sectors, including recreational boating, the Bank of Canada recently announced another 50-basis point reduction in interest rates. This policy adjustment aims to stimulate economic growth amid evolving market conditions, creating both…
