Is the Bank of Canada’s Rate Cut a Lifeline for Families—or a Red Flag for the Economy?

Is the Bank of Canada’s Rate Cut a Lifeline for Families—or a Red Flag for the Economy?: The Bank of Canada just made its boldest move in years, slashing its key interest rate to 2.5%—the lowest level in three years. At first glance, it sounds like good news. Lower rates usually mean cheaper mortgages, easier loans, and a break for debt-ridden households. But dig a little deeper, and the story gets a lot more complicated—and a lot more unsettling.