• Victoria
  • Sidney
  • Saanich Peninsula
    250-656-4626
In your neighbourhood...
  • Victoria
  • Sidney
  • Saanich Peninsula
    250-656-4626
In your neighbourhood...

Archives June 2018

Bank of Canada Lending Rates On Hold

Posted by Jack Barker

In line with financial market expectations, the Bank of Canada announced it is keeping its trend-setting overnight lending rate unchanged at 1.25%. However the Bank reiterated that higher lending rates are still on the way, with financial markets betting the next 25 basis point hike will be at the next scheduled policy announcement on July 11.

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