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Bank of Canada Keeps Interest Rate Steady for July 2019

July 10, 2019 • Financial Industry, Real Estate Industry

The Bank of Canada is holding interest rates at 1.75% for the summer.

On July 10, 2019, the Bank of Canada (BOC) announced that the overnight interest rate is remaining the same for another month. The last interest rate increase occurred in October of 2018.

See how the Canadian housing market factored into the decision and other influencers on the Purview blog. Read it here:



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