Archive for September 2009

Bank of Canada Keeps Rates Steady

Sep 11th, 2009 | By admin | Category: News

The Bank of Canada announced this morning that it will leave its key interest rate unchanged and restated its commitment to holding this rate steady until mid-2010, conditional on the outlook for inflation.



Variable Mortgage Rates Staying Low???

Sep 9th, 2009 | By admin | Category: News

Most Analysts agree the Bank of Canada will not raise the prime lending rate when they meet on Thursday and continue to hold rates steady until June 2010.