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BANK OF CANADA RATE REMAINS UNCHANGED FOR NOW!

Saturday Sep 11th, 2021

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The Bank of Canada has kept its key interest rate target steady at 0.25% as expected in its latest rate announcement, noting rising cases of COVID-19 in many regions as a risk despite the continuing global economic recovery.
The announcement reaffirmed the Bank’s projection that interest rates are likely to begin rising in the second half of 2022, the time at which it expects its 2% inflation target to be sustainable. #SANDI HALPERN # SOLD # LEASED # REAL ESTARE MARKET

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Ms. Sandi Halpern Hons. B.A.

Ms. Sandi Halpern Hons. B.A.

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Toronto, Ontario,

sandihalpern@gmail.com

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