Recovery Fragile, says McGuinty, so hold the rate!

September 8th is the next date set by the Bank of Canada to meet about interest rates and setting the key overnight rate. 

With Canada’s fragile recovery, and with a lacklustre GDP down 3.8 percent to 2 percent in second quarter 2010, financial pundits are predicting the central bank will not raise rates at this time.

Read what Ontario Premier Dalton McGuinty had to say when he  weighed in on this topic.


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About Marg

is an award-winning real estate Broker who has successfully been helping people move since 1989. When it’s time for a move in or out of a bigger, smaller, better, more expensive, less expensive, newer, older, house, condo, farm, investment property, vacant lot or business, talk to Marg.

This entry was posted by Marg on Thursday, September 2nd, 2010 at 5:43 am and is filed under Buying Real Estate, Money Matters. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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