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SPECIAL FEATURE March 8, 2023 - Bank of Canada Update
Manage episode 358719080 series 3302584
In today's Bank of Canada announcement we finally get a pause! The Bank of Canada has decided to leave the policy rate unchanged at 4.5% which means that variable rate mortgages, home equity lines of credit, and unsecured lines of credit will not see any increases. For the first time in a year people with variable rates can breathe a sigh of relief. The next rate announcement comes on April 12th. Stay tuned...
62 episod
Manage episode 358719080 series 3302584
In today's Bank of Canada announcement we finally get a pause! The Bank of Canada has decided to leave the policy rate unchanged at 4.5% which means that variable rate mortgages, home equity lines of credit, and unsecured lines of credit will not see any increases. For the first time in a year people with variable rates can breathe a sigh of relief. The next rate announcement comes on April 12th. Stay tuned...
62 episod
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