Overdue or overhyped? Canadians split on whether Bank of Canada should cut rates on July 30

Kuntal Khasnobish
Monday, July 28, 2025
Overdue or overhyped? Canadians split on whether Bank of Canada should cut rates on July 30

According to a new poll conducted by Money.ca, nearly one-third of respondents (29.8%) say a cut is overdue. But almost as many respondents (24.8%) say a cut is too risky right now, or that it’s not an urgent priority. Another 16.5% admit they need more information to decide.

This divide in opinion reflects broader economic uncertainty as Canadians continue to feel the sting of rising costs and economic strain.

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