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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: October 27, 2025

 

IF TODAY IS YOUR BIRTHDAY


Dare to be different and dare to follow a path that inspires you even if everyone else seems to think you have no chance of success. That’s just the kind of challenge that brings the best out in the Scorpio nature, so go for it!

ARIES (March 21 - April 20):

It won’t be easy to see that your glass is half full rather than half empty today but you must make that effort if you want the week ahead to be a good one. Count your blessings one by one and then make a point of enjoying them.

TAURUS (April 21 - May 21):

The sun in your opposite sign means you won’t get everything your own way, so don’t waste time and energy trying to win round individual people because you won’t succeed. Instead, find ways to align your aims with the aims of the wider community.

GEMINI (May 22 - June 21):

If you have an opinion about something today you must let those you work and do business with know what it is, even if you fear they won’t much like it. You have a duty to call it as you see it, so be brave and speak up.

CANCER (June 22 - July 23):

With both the sun and Mars working in your favour there is so much you can do now, but don’t try to do everything. The more selective you are in your ambitions the more likely it is you will succeed. Don’t spread your talents too thin.

LEO (July 24 - Aug. 23):

If you find yourself caught between two extreme ways of looking at the world you must make it clear that you are not going to take sides. There is enough turmoil as it is without you weighing in and making things worse, so steer clear of conflict.

VIRGO (Aug. 24 - Sept. 23):

You must resist the urge to rush here, there and everywhere over the next 24 hours. The planets warn if you don’t voluntarily cut back on your activities the universe will make it happen for you. Focus on one goal at a time.

LIBRA (Sept. 24 - Oct. 23):

The fact that you can easily point out where a colleague has got their facts wrong does not mean you are obliged to do so. This is one of those occasions when it might be better to keep your mouth closed rather than make someone look silly.

SCORPIO (Oct. 24 - Nov. 22):

You may have many serious things to take care of but you must also make time for fun and games. All work and no play is rarely a recipe for happiness, so if you make a good job of something today be sure to reward yourself for it.

SAGITTARIUS (Nov. 23 - Dec. 21):

Not everyone you work or do business with will be on the same wavelength as you today, so make allowances for those who seem a bit slow in their thinking. Your ability to think deeply and talk fast at the same time can be hugely intimidating.

CAPRICORN (Dec. 22 - Jan. 20):

It is possible to be too cautious and there is a danger that you will back off from doing something that could be a bit risky but which could also pay off in a big way. Why worry when the cosmic odds are clearly in your favour?

AQUARIUS (Jan. 21 - Feb. 19):

If someone you work or do business with talks down everything you suggest today then maybe you need to get a new partner. How far you go in your career depends at least in part on the support you get from friends and colleagues.

PISCES (Feb. 20 - Mar. 20):

What someone tells you may sound far-fetched but there is a real chance that their words are true, so don’t dismiss them out of hand. If you do some digging of your own you could find first-hand evidence that what they say is correct.

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