Bank of Canada Update - 07/21/10 09:11 PM
I just received an email from a Mortgage Broker that has an interesting update regarding the Bank of Canada today.  See it below.
Bank of Canada Update
The Bank of Canada Announced yesterday that it is raising the target for the overnight rate by a quarter percent.  Banks usually fall in line and will increase their prime lending rates to 2.75%.
Global economic recovery is proceeding but is not yet self sustaining, many economies are still working on repairing their balance sheets.  This ongoing maintenace will temper the pace at which growth happens world wide.  Canada's economy is reacting largely as … (0 comments)

Where else will you find this size and quality at this dollar? - 07/21/10 08:53 PM

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Jason Beattie

Edmonton, AB

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