Real estate blog entries tagged with bank of canada by Gail Reeves Reid (Keller Williams Real Estate Brokerage)

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bank of canada: Bank of Canada cuts Interest Rate - 12/04/07 09:36 AM

The high Canadian dollar and turmoil in credit markets have prompted the Bank of Canada to cut its key interest rate by a quarter point to 4.25%
The move indicates that the central bank fears the Canadian economy is about to be sideswiped by a rapidly slowing U.S. economy and tighter credit … (3 comments)

bank of canada: Interest rates remain the same - 10/17/07 01:39 PM

As expected, there was no change in prime at the Bank of Canada announcement this morning because tighter credit conditions and the high currency is sucking the steam out of the Canadian economy.
According to the Central Bank, the economy is operating in overdrive but it predicts this trend won't last for … (0 comments)

bank of canada: Bank of Canada keeps rate the same - 09/06/07 12:05 PM

In announcing that they are keeping rates steady, the Bank of Canada talks about the upside and downside risks of the current market. Bottom line is that short term rates are the same for now and that they will be watching closing what happens in the world markets.
This will mean … (0 comments)

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Real Estate Agent: Gail Reeves Reid (Keller Williams Real Estate Brokerage)

Gail Reeves Reid
Mississauga, ON
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Keller Williams Real Estate Brokerage

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