Bank of Canada Raises Rates The Prime Rate - September 08, 2010
September 9th, 2010
Today the Bank of Canada announced that it is raising the prime rate by one-quarter of a percent for the third time in a row. The bank has observed that economic recovery is continuing to move forward but remains very uneven and they are expecting growth to happen very slowly. To read the full press release click here.
What does this mean to you?
If you are in a variable rate mortgage your ...
If you are in a variable rate mortgage your ...
