Bank of Canada Rate Review for 2018

Bank Canada Rate Review 2018

Bank of Canada will be reviewing interest rates  in 2018 to determine if the bank rate needs to increase or decrease.  If you are in a variable or a HELOC product this is an important time for you.  The following at the review dates for 2018:

January 17 – Interest rate announcement and Monetary Policy Report
March 7 – Interest rate announcement
April 18 – Interest rate announcement and Monetary Policy Report
May 30 – Interest rate announcement
July 11 – Interest rate announcement and Monetary Policy Report
September 5 – Interest rate announcement
October 24 – Interest rate announcement and Monetary Policy Report
December 5 – Interest rate announcement

If you would like to discuss the impacts of this wit your mortgage please call 403.875.2969

Patricia McKean

2018-04-09T13:56:16+00:00