Real estate blog entries tagged with toronto real estate market by Casey Ragan (RE/MAX Hallmark Realty Ltd.)

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Home : Blogs : Casey Ragan : Casey Ragan's Blog : Tag "toronto real estate market"

toronto real estate market: Bank of Canada unlikely to raise rates till 2011? - 10/12/09 06:25 AM

Here are some insights on the direction of interest rates in Canada, in the upcoming years.
By The Canadian Press
CIBC: muted growth means Bank of Canada unlikely to raise rates till 2011
TORONTO - The Bank of Canada is unlikely to hike interest rates until 2011 because the lingering effects of the global economic meltdown will continue to mute both growth and inflation, according to a report issued Tuesday by CIBC World Markets.
"While the 2009 recession may already be over, the slack it created is both large and likely to persist," said CIBC chief economist Avery Shenfeld.
"Unlike the … (1 comments)

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Casey Ragan

Toronto, ON

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RE/MAX Hallmark Realty Ltd.

Address: 723 Mount Pleasant Road, Toronto, ON , M4S 2N4

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