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Canada’s Housing Market Faces Headwinds Despite BoC Moves

The Bank of Canada’s 25-basis-point cut in September was at best ignored by the national market, with sales falling 1.7 per cent compared to the month before. The Bank of Canada’s recent interest rate adjustments have done little to revive the country’s housing market, which continues to struggle under the weight of broader economic concerns. In September, the central bank cut its policy rate by 25 basis points, bringing it to 2.5%. Yet, instead of sparking renewed activity, national home sales actually fell by 1.7% compared to the previous month.  Economists note that the housing market is no longer moving in lockstep with monetary policy, but is instead being shaped by regional affordability challenges, consumer psychology, and—most critically—job security fears. Uncertainty surrounding U.S. trade policy has also cast a shadow over Canada’s economic outlook. Businesses remain hesitant to invest, and households are wary of making major financial commitments such as home purchas...
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Crispy Honey Nut Granola Bars

 

Crispy and not too sweet, these granola bars are loaded with oats, nuts, coconut, and dried fruit.

Ingredients:

  • Old Fashioned Rolled Oats
  • Chopped Walnuts
  • Sliced Almonds
  • Shredded Unsweetened Coconut
  • Honey
  • Light Brown Sugar
  • Unsalted Butter
  • Vanilla Extract
  • Crisp Rice Cereal
  • Dried Fruit

Instructions:

  1. Toast the oats, walnuts, and almonds on a foil-lined baking sheet in the oven for 7 minutes.
  2. Add the shredded coconut to the mix and toast for another 4-5 minutes.
  3. In a saucepan, combine honey, brown sugar, butter, vanilla extract, and salt. Bring to a rapid boil then turn off the heat.
  4. Mix the oat mixture with the honey mixture, rice cereal, and dried fruit in a large bowl.
  5. Spread the mixture into a foil-lined baking dish, pressing it into an even layer.
  6. Bake at 300°F until lightly golden, about 20-23 minutes.
  7. Cool completely, then cut into rectangles.


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