Interest Rates

Bank of Canada Raises Key Interest Rate to 1.25%

The Bank of Canada raised the key interest rate to 1.25%, the highest since 2009. This decision wasn't a surprise to many in the banking industry, but some are divided on whether this will be the only rate hike of the year or if this is the first of what could be a couple more rate hikes to come in 2018.  As we commonly say in the Real Estate industry when asked about things that might happen in the...

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