Bank of Canada's September 6th 2023 - Rate Announcement

Wednesday Sep 6th, 2023

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Like many Canadians we are pleased to share that today the Bank of Canada chose to keep the overnight lending rate unchanged at 5%. This decision will be looked upon as a sign of stability as the Bank of Canada works towards reducing inflation.  As many of you know we are facing a housing shortage here in Ontario and while the resale real estate market remains consistently strong across most sectors.  For those Buyers considering purchasing a home, now is a good time... [read more]

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