Papi’s Home: We’re Just Living in It

The Bank of Canada recently reduced its interest rate by 25 basis points to 3%, marking its sixth consecutive cut since June 2024. This move comes amidst the looming threat of a 25% tariff on Canadian imports by the Trump administration, set to take effect on February 1, 2025. The tariffs, justified by the U.S. citing trade deficits and other issues, co…