Real Estate In Red Deer & Area
Real Estate in Red Deer, Jon & Denise Nichols Real Estate in Red Deer, Jon & Denise Nichols

Bank of Canada holds interest rate steady at 1.75%, citing trade tensions

Bank Of Canada

The Bank of Canada is leaving its key interest rate unchanged in an announcement that balances domestic economic improvements with an expanding global slowdown caused by trade conflicts.

The decision Wednesday kept the interest rate at 1.75 per cent for a sixth-straight meeting, as Canada rebounds from a weak stretch that nearly brought the economy to a halt in late 2018 and early 2019.

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Jon Nichols

Jon Nichols
Century 21 Advantage
Phone: 403.302.0800
Email:

Denise Nichols

Denise Nichols
Century 21 Advantage
Phone: 403.302.9498
Email:

Jez Nichols

Jez Nichols
Century 21 Advantage
Phone: 403.392.7002
Email: