The big question on everyone’s lips seems to be, will the Bank of Canada cut interest rates this year? The Bank has raised the benchmark interest rate by nearly 500 basis points since early 2022 in its quest to vanquish inflation in the Canadian economy. In July, the central bank pulled the trigger on a quarter-point rate hike following a temporary pause this past spring. There had been some optimism that the institution would be pausing its tightening cycle and perhaps even... [read more]