Buying, Renovating and Selling Real Estate in Toronto
default logo


Bank of Canada rates remain unchanged

Bank of Canada Building
No surprise that the Bank of Canada today announced that it will be holding its trendsetting rate at 1%.  The last increase was September 2010, when the rate was increased by 0.25%. Most people were expecting this, given the slow economic expansion in the US, the European recession an
Continue Reading →

Bank of Canada holds interest rate at 1%

Bank of Canada Building
Today the Bank of Canada announced that it is keeping its overnight lending rate at 1%.  The last change by the Bank of Canada was in September of last year, when the rate was raised from 0.75% to 1%.  I expect that today’s announcement will keep a steady flow of buyers into the
Continue Reading →