Blog tagged as FinancialFreedom

Unlock Passive Income Through Multi-Family Investments in Canada

12.17.2024 12:33 AM - By Satish Kumar - Comment(s)

Passive income is the ultimate financial goal for many Canadians, and multi-family investments provide one of the most reliable ways to achieve it. With the demand for rental properties on the rise in major cities like Toronto, Vancouver, and Calgary, investing in multi-family real estateoffers stab...

Bank of Canada's Latest Rate Cut: A Closer Look

12.12.2024 12:16 AM - By Satish Kumar - Comment(s)

On December 11, 2024, the Bank of Canada (BoC) made a significant move, reducing its target overnight rate by 50 basis points to 3.25%. The Bank Rate is now at 3.5%, while the deposit rate matches the overnight rate at 3.25%. This decision aligns with the BoC’s ongoing efforts toward balance sheet n...