Real Estate In Red Deer & Area
Nichols Real Estate Group

Bank of Canada has once again raised interest rates

Boc Interest Rate Oct 2016

The Bank of Canada today increased its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. The Bank is also continuing its policy of quantitative tightening.

The global and Canadian economies are evolving broadly in line with the Bank’s July projection. The effects of COVID-19 outbreaks, ongoing supply disruptions, and the war in Ukraine continue to dampen growth and boost prices.

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Jon Nichols

Jon Nichols
CIR Realty
Phone: 403.302.0800
Email:

Denise Nichols

Denise Nichols
CIR Realty
Phone: 403.302.9498
Email:

Asebree Rephotography Joel Nichols Century21 3

Joel Nichols
CIR Realty
Phone: 403.357.7680
Email: