3 Stocks Most Likely to Gain from BoC Interest Rate Announcement
As the BoC trims rates again, here are three dividend-paying TSX stocks that could benefit most.
The Bank of Canada (BoC) slashed interest rates by 25 basis points on October 29, marking its third rate cut in 2025. That brings the policy rate to 3% and ends the era of quantitative tightening.
With borrowing costs lower and asset purchases set to resume, the BoC’s rate cut could act as a tailwind for several market sectors — from top lenders of the country to companies with capital-intensive growth projects.
In this article, I’ll talk about three top TSX-listed stocks to buy that could benefit from easing monetary policy.
Top TSX Stock: Royal Bank of Canada
The first TSX stock I think could gain from BoC’s rate cuts is the country’s largest lender, Royal Bank of Canada (TSX:RY).
With a strong deposit base and extensive retail lending network, it could benefit as borrowing picks up and credit demand rebounds further.
Currently, RY stock is trading at $108.25 per share with a market cap of $151.7 billion.
Author's summary: Three TSX stocks to gain from BoC rate cuts.
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