CALGARY DREAM HOMES 

"First Home to Dream Home"

Direct : 403.850.0669

info@CalgaryDreamHomes.com

Stewart J Lowe (Stu) & Associates

Member Login

Direct: 403-850-0669 |

RSS

Bank of Canada Raises Rates by 25 bps - Cathy McMurrich

Bank of Canada Raises Rates by 25 bps - Cathy McMurrich

The Bank of Canada has just raised its key lending rate by 25 basis points, citing…

This marks the first change to the Bank’s overnight target rate in two years and the first rate hike since October 2018. 

In its statement accompanying the decision, the Bank said: “As the economy continues to expand and inflation pressures remain elevated, the Governing Council expects interest rates will need to rise further.”


FULL ARTICLE

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.