2019: The Year of No Canadian Interest Rate Changes
The Bank of Canada interest rate held at 1.75% for the entirety of 2019 – but not all remained the same.
Even as the interest rate held, changes occurred in the global economy and within the Canadian housing market.
On the Purview blog, we are reviewing all the Bank of Canada rate announcements of 2019. Discover how the economy changed during the year and where it could be headed in 2020.