Autre baisse du taux directeur qui pointe désormais à 2,25%
Courrier Laval
AI Article Summary
The Bank of Canada has lowered its key overnight financing rate to 2.25%, with an official discount rate at 2.50%. Global economies show signs of slowing due to trade tensions, although the American economy has gained from investments in artificial intelligence. In Canada, the economy contracted in the second quarter, and the labor market remains weak with a 7.1% unemployment rate.
What This Means for Canadian Contractors
For Quebec builders, this implies increased short-term financing challenges due to a slowing global economy. Uncertainty in trade relations might impact supply chains, especially in lumber and steel. Contractors should prepare to manage projects in the context of reduced workforce and investments.
