Bank of Canada rate down and predicted to drop again...

The Financial Post put out a video today that stated that yesterday's drop in the Bank of Canada overnight lending rate to .75% will likely drop again. It could go down another 25 basis points in the weeks to come. With oil trading at sub $50 per barrel the bank is trying to compensate. People are talking about it a lot but the housing market is opening up better than it did last year and the sales are flowing in. It's going to be a great year. 

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Bill Hubbard

Bill Hubbard

CENTURY 21 Executives Realty Ltd.
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