
Last week, the Bank of Canada announced its steepest interest rate cut, slashing it policy rate by 50 basis points to 3.75 percent. With the exception of the pandemic, such a drop in the key interest rates was last seen during the height of the financial crisis in 2009.
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Last week, we shared information on some of the key aspects to consider when insuring your home for the first time or modifying your existing home insurance policy.



