04/12/2023
Bank of Canada holds rates for the second straight time. Good News if you have a variable rate or line of credit. However, what does the future have in store for the rates? Our chief economist Sherry Cooper has this to say ....
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Marco Pellico
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The Bank of Canada Holds Rates Steady Again But Maintains Its Commitment To 2% Inflation The Bank of Canada left the overnight policy rate at 4.5%, as expected, stating their view that inflation will hit 3% by mid-year and reach the 2% target by next year. They admit, however, that demand continues....