Big Bank Reactions to Bank of Canada’s 50 Bps Rate Cut | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages

Scotiabank: Supported a 50 bps cut, highlighting it aligns with market expectations, despite concerns over rising core inflation and economic risks

CIBC: Agreed with the 50 bps cut, arguing it’s reasonable and fits the need for further stimulus into 2025 to boost economic growth.