Blog by Ashley Nielsen

<< back to article list

Bank of Canada left rates unchanged - Written by Daniel Patching

As expected, Bank of Canada left rates unchanged, so no changes to your variable rate. The release cited optimism about the economy overall, with mild concerns about the ongoing effects of the oil prices and an increasing Canadian dollar.
No increases are expected, likely until at least 2016. As always, we will continue to monitor the situation and keep you updated.
Thanks and have a great day.
Direct Line:    604.561.6716
Direct Fax:     1.888.224.8179
Follow me       @vanmortbroker 
City Wide Mortgage Services
An independent member of Dominion Lending Centres.
Please note my new email address: