Bank of Canada (BOC) made an announcement to maintain the overnight rate at 1 ¾ per cent on January 9, 2019. There are a combination of reasons why the Bank of Canada is taking this position. The next interest rate announcement will be March 6, 2019, followed by April 24, 2019. Bank of Canada (BOC) Interest Rate Announcement Explained.
Prior Bank of Canada Interest Rate Announcements:
If you are looking for a Financial Advisor or for Mortgage assistance in Brampton,
Burlington, Georgetown, or GTA please contact Mark Albert at 416-659-6655 or
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.