Bank of Canada Rate Change

October 28, 2020

Rates stay at 1/4%

The Bank of Canada will continue to maintain it target overnight rate at 1/4 %. COVID 19 is likely to weigh on the economic outlook. The next overnight rate announcement will be December 9, 2020.

© 2020 by Paul Jahn PREC

This representation is based in whole or in part on data generated by the Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

A Disclaimer: *E.&O.E.: This information is from sources which we deem reliable, but must be verified by prospective purchasers and may be subject to change or withdrawal. Royal LePage Wolstencroft Realty is Independently Owned And Operated.

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