Bank of Canada Raises Interest Rate to 1.75%

Bank of Canada Raises Interest Rate to 1.75%

Bank of Canada raised its Benchmark to its highest almost a decade. The Bank of Canada has raised its benchmark interest rate by a quarter point for the fifth time since last summer, pushing up the cost of borrowing for Canadians. The bank’s rate is now set

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Market Watch September 2018

Market Watch September 2018

Market Watch September 2018 -Residential Transactions in September 2018 were up by 1.9% compared to September 2017 -TREB MLS Sales were up by 0.2% compared to September 2017 -Average home Prices are up by 2.9% compared to September 2017  

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Reasons the Bank of Canada keep interest rate unchanged in March 2018

Reasons the Bank of Canada keep interest rate unchanged in March 2018

Reasons the Bank of Canada keep interest rate unchanged in March 2018 Rate unchanged at 1.25%. In line with financial market expectations, the federal bank, Bank of Canada announced on March 7, 2018 it keeps trend-setting overnight interest rate unchanged at 1.25%. Canadian Growth came weaker in

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Bank of Canada

Bank of Canada

Bank of Canada Bank of Canada surprising Prime Rate cuts by .25% It will help Variable Rate mortgage holders as well as Canadians looking for new mortgage. The Bank of Canada surprised cut of key interest rate by 0.25 per cent will affect Canadian consumers, this is a good  news for

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