Bank of Canada - No Change Today
The Bank of Canada left it’s overnight rate at .25% today but signaled that the days of record-low interest rates are soon over.
“With recent improvements in the economic outlook, the need for such extraordinary policy is now passing, and it is appropriate to begin to lessen the degree of monetary stimulus,” the central bank said in its statement. “The extent and timing will depend on the outlook for economic activity and inflation, and will be consistent with achieving the 2% inflation target.”
First Foundation
OWN. GROW. PROTECT. First Foundation is the one-stop-shop for financially responsible Canadians looking to get great advice and save money. Whether arranging financing for a property you OWN, or looking…
OWN. GROW. PROTECT. First Foundation is the one-stop-shop for financially responsible Canadians looking to get great advice and save money. Whether arranging financing for a property you OWN, or looking…