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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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Your daily horoscope: January 19, 2025

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

You can only go so far on your own and as you will want to go further than ever before this year you must form partnerships with people who share your ambitions. If you can become more of a team player then all things are possible.

ARIES (March 21 - April 20):

Focus on your dreams and don’t worry if friends and family members think you are aiming too high. If you want something enough you can and you will find practical ways to turn those dreams into realities. The only person who won’t be surprised is you.

TAURUS (April 21 - May 21):

If you want to influence important people then you must put yourself about a bit. You may not be the sort who courts the limelight but if you intend to move up in the world then, at the very least, the world needs to know your name!

GEMINI (May 22 - June 21):

Do you keep quiet about an issue that you know will cause waves, or do you speak up and make sure everyone knows what has been going on? The message of your solar chart is crystal clear: you MUST make a big noise this week.

CANCER (June 22 - July 23):

If your sixth sense tells you that someone is not to be trusted you would be a fool to ignore it. Where money matters are concerned you cannot afford to overlook the evidence, not only of your eyes and ears but of your intuition as well.

LEO (July 24 - Aug. 23):

The sun’s move into your opposite sign means you are going to have to work closely with a whole range of people, some of whom you get along with and some of whom you do not. Don’t play favourites – judge them all by the same standards.

VIRGO (Aug. 24 - Sept. 23):

Try not to push yourself quite so hard on the work front this week. Your dedication is impressive and has been noticed by people in positions of power but you won’t impress them for long if you burn yourself out. Give yourself a break.

LIBRA (Sept. 24 - Oct. 23):

As the sun is now moving into the most dynamic and passionate area of your chart you can and you must devote yourself to creating something that reflects well on your character and capabilities. What is your highest ideal? Make that your inspiration.

SCORPIO (Oct. 24 - Nov. 22):

You need to get to grips with a family issue that has caused problems in recent weeks. Because no one else seems willing to speak up about it you must now step in and insist that it is dealt with so everyone can finally move on.

SAGITTARIUS (Nov. 23 - Dec. 21):

Make sure you are on the move this week because it is while you are out and about that opportunities to shine will come along. Talk to everyone you meet as if they are the most important people in your life – because very soon they might be!

CAPRICORN (Dec. 22 - Jan. 20):

Strive to get along with people both in your private life and at work but be on your guard as well because one individual could take your friendly attitude as a sign of weakness and try to cheat you. It’s your money, so keep hold of it.

AQUARIUS (Jan. 21 - Feb. 19):

If you make a wish today there is every chance that it will come true over the weeks and months to come. The sun’s move into your sign will give added power to both your thoughts and your feelings, so think and feel wisely!

PISCES (Feb. 20 - Mar. 20):

It will pay you to cultivate an air of mystery this week. The less other people know about what you are doing the better, not because you are up to no good but because it will give them less opportunity to interfere in your plans.

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