Bank of Canada announces interest rate decision

External Author |

Mortgage Agents in High River

The Bank of Canada (BoC) announced today that it’s maintaining the overnight rate at 1.75%.The Bank Rate is correspondingly 2% and the deposit rate is 1.5%. The BoC has maintained the current overnight rate October of 2018, when it was raised from 1.5%.

Read More

Original Article Source Credits: mortgage broker news,

Article Written By Kimberly Greene

Original Article Posted on : 22 Jan 2020

Link to Original Article: