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Due to slower growth in the Canadian economy than expected the Bank of Canada has kept its lending rate the same at  0.5%.  Growth in the economy is still stuck at 1.1% this year but is expected to improve during during 2017 and 2018.

 

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Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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