Planning to finance your business equipment? Want to know if the latest interest rate cut could help you in sealing a low cost finance deal? In its latest announcement, Bank of Canada announced a significant overnight rate cut of 50 basis points, taking the current rate down to 3.75% from previously 4.25%.

Along with this, the Bank of Canada’s Governing Council issued its quarterly Monetary Policy Report, which included predictions for inflation, economic growth, and risk assessments for the Canadian economy.

For more insights, visit: https://sandhusranleasing.com/blog/how-bocs-latest-interest-rate-affects-equipment-financing/