Bank of Canada cuts interest rates by 50 bps

This week on Under One Roof MTL, we break down the financial implications of the Bank of Canada's latest interest rate cut, decreasing the overnight lending late by an additional 50 basis points, bringing the key rate to 3.75%. How will this cut impact the Canadian economy, and the real estate market? Plus, we dive in (no pun intended) to recent changes in Montreal's flood zone map, and what this means for homeowners who now find themselves situated in flood zones.