Month: December 2019

Will 2020 Usher In Another Year of Rate Holds?

By: Penelope Graham, Zoocasa After a full 12 months of “will they, or won’t they,” it’s official – the Bank of Canada went the entirety of 2019 without changing its Overnight Lending Rate. The trend-setting rate, which sets the cost of variable borrowing for Canada’s consumer lenders, remains at 1.75% where it has been since… Read more »