Bank of Canada Holds Key Rate Steady

By
Real Estate Agent with Forest Hill Real Estate Inc, Brokerage

Bank of Canada Holds Key Rate Steady 

The Bank of Canada announced this morning that it will leave its key interest rate unchanged.  The Bank also reiterated its commitment to hold its key rate at the current level until the end of the second quarter of 2010, conditional on the outlook for inflation.

  In its statement the Bank noted that in Canada, "stimulative monetary and fiscal policies, improved financial conditions, firmer commodity prices, and a rebound in business and consumer confidence are spurring domestic demand growth. However, the higher Canadian dollar, as well as ongoing restructuring in key industrial sectors, is significantly moderating the pace of overall growth."

 

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I proudly server buyers and sellers in the Toronto Neighbourhoods of: Forest Hill, Cedarvale, North York, North Toronto, Summit Heights, Wilson Height, Bathurst Manor, Leaside, Bayview, Thornhill, Richmond Hill and all surrounding areas.

Whether you're buying or selling and looking for a Toronto Realtor or feel free to e-mail or phone us and we will be happy to guide you through your real estate experience.

DIANE PLANT, Broker

Forest Hill Real Estate Inc, Brokerage

(416) 488-2875

WEBSITE

BUYERS IN TORONTO NEIGHBOURHOODS

SELLERS IN TORONTO NEIGHBOURHOODS



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Diane Plant

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