by josh | Jan 1, 2018 | Interest Rates, Mortgage, Mortgage Blog, Mortgage Broker, Uncategorized
In January, 2018, the Bank of Canada raised its lending rate to 1.25 percent from 1 percent, the highest level since 2009. The decision was based on an economy at near full capacity and recovery in inflation rates. This caused the Canadian dollar to sink, though it...
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