The rate cut and the damage done to savers and investors holding cash. Plus, the $1.8-million TFSA

The Bank of Canada’s rate cut earlier this month has rippled through the universe of products for savers and, so far, the damage is minimal.

Stay tuned, though. The bank has four more opportunities to adjust rates in 2024 and cuts in the trend-selling overnight rate are likely to occur in at least a few of them.…

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