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Bank of Canada announces rate

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Canadian Realestate Magazine | 07 Dec 2016, 10:18 AM Agree 0
The Central Bank has made its final rate announcement of the year
  • DIZZY | 07 Dec 2016, 10:41 AM Agree 0
    It was just reported in this publication that Canadians can add about $420 extra to their budget due to predicted higher food prices. This due to the Trump effect as well as a low Loonie. Now you report that the BOC is holding its rate in large part due lower food prices. Why cannot the BOC simply state that any interest rate increase will result in economic melt down in Canada due to high levels of debt.
  • Scott | 07 Dec 2016, 11:29 AM Agree 0
    @DIZZY,

    Because the Bank of Canada does not want to create a self-fulfilling phropercy. My guess...
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