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User Posts: Karen Parrott
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The Bank of Canada has left its benchmark rate unchanged at 5.00%
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The Bank of Canada has left its overnight target rate unchanged at 5.00%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its ...

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Bank of Canada maintains policy rate today
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The Bank of Canada today held its target for the overnight rate at 5% and stated, "they will be continuing its policy of quantitative tightening". The ...

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Cooling inflation reinforces a Bank of Canada rate pause next week
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Canada’s inflation rate slowed more than expected in October, coming in at 3.1% annually compared to expectations of 3.2%. The slowdown was due primarily to a ...

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No Stress Tests-2023 Federal Fall Economic Statement
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Deputy Prime Minister and Minister of Finance Chrystia Freeland delivered the 2023 federal Fall Economic Statement which provides an update on the country's ...

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Full Announcement from Bank of Canada: Interest rates may stay higher for longer
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Senior Deputy Governor Carolyn Rogers announced we may need to get used to higher rates for longer. She stated the following factors contributing to this ...

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Mortgage shoppers & those with upcoming renewals may see some rate relief next week
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The Bank of Canada (BOC) decided to leave its target rate unchanged at 5.00% recently for many reasons but the biggest one being that a large number of ...

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The Bank of Canada has left its benchmark rate unchanged at 5.00%
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The Bank of Canada has left its overnight target rate unchanged at 5.00%, as was widely expected by markets. The Bank of Canada today held its target for the ...

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Bank of Canada Announcement and New Mortgage Agent Licensing Requirements
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As economic conditions influence continuous change in the lending market, private mortgages continue to gain significant traction. Canadian home buyers and ...

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