A small sigh of relief for homeowners as the Bank of Canada triggers a much-anticipated rate cut, but mortgage holders are not out of the woods just yet.

Subscribe to CP24 to watch more videos:    / cp24torontobreakingnews  

Connect with CP24:
For the latest news: https://www.cp24.com/
For the latest videos: https://www.cp24.com/video
CP24 Live and Interactive: https://www.cp24.com/now
CP24 on Twitter:   / cp24  
CP24 on Facebook:   / cp24toronto  
CP24 on Instagram:   / cp24breakingnews  
CP24 on TikTok:   / cp24breakingnews  
CP24 Breakfast on Twitter:   / cp24breakfast  
CP24 Breakfast on Instagram:   / cp24breakfast  
---
CP24 is Toronto's #1 source for breaking news.