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:
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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.