• Mark Albert

BANK OF CANADA / March 6, 2019 / BOC Interest Rate Announcement Explained / Why Was Rate Maintained


Bank of Canada (BOC) made an announcement to maintain the overnight rate at 1 ¾ per cent on March 6, 2019. There are a combination of reasons why the Bank of Canada is taking this position. Reasons both Globally and Domestically. The next interest rate announcement will be April 24, 2019, followed by May 29, 2019. Bank of Canada (BOC) Interest Rate Announcement Explained.


Prior Bank of Canada Interest Rate Announcements:


BANK OF CANADA / Jan. 9, 2019 / BOC Interest Rate Announcement Explained / Why Was Rate Maintained


BANK OF CANADA / Dec. 5, 2018 / BOC Interest Rate Announcement / Reasons For Maintaining Rates / BOC


BANK OF CANADA / Oct. 24, 2018 / BOC Interest Rate Increase / Reasons For The Rate Increase / BOC


More information on the Bank of Canada (BoC)



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MississaugaOrangevilleCaledonMiltonTorontoVaughanEtobicokeOakville,

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Also, please feel free to request a Comprehensive Financial Strategy document,  which is called a Personal Financial Review to see how your mortgage  and/or income property fits within your overall financial strategy.