Bank of Canada publishes 2022 announcements scheduleBy Scott WestlakeSeptember 14, 20210 comments#boc #rateupdate #twt #dlc #SW Interest Rate Announcements / Monetary Policy Reports ...Read more...
Bank of Canada Holds Rates and QE Steady--Asserting That Both the Upside in Inflation and the Downside in GDP is TemporaryBy Scott WestlakeJune 9, 20210 comments#BoC #mortgaegrates #SW #TWT #DLC For more information on how this information impacts your current or future mortgage needs, connect with our team through scott@thewestlaketeam.com or416-436-1135. ...Read more...
Bank of Canada Still Expects No Rate Increases Until 2023By Scott WestlakeJanuary 22, 20210 comments#boc #rateupdate #twt #dlc The Bank of Canada, this morning, released its January Monetary Policy Report (MPR), showing they expect to keep overnight interest rates at its “effective lower bound” of 0.25% until 2023 (see chart below). To reinforce this commitment and keep interest rates low across ...Read more...
Bank of Canada Confirms Commitment To Low Interest RatesBy Scott WestlakeDecember 9, 20200 comments#bankofcanada #boc #canadamortgagebonds #twt #scottwestlake #drsherrycooper For more information please connect with scott@thewestlaketeam.com Despite the good news on the vaccine front since the Governing Council's last meeting in late ...Read more...
Bank of Canada 2021 ScheduleBy Scott WestlakeNovember 30, 20200 comments#BoC #bankofcanada #oakvillemortgagebroker #gtamortgage Please see the schedule for the Bank of Canada announcements on Interest Rates & Business Outlook Survey for 2021Read more...
Bank of Canada Will Stop Buying Canada Mortgage BondsBy Scott WestlakeOctober 27, 20200 comments#bankofcanada #boc #canadamortgagebonds #twt #scottwestlake #drsherrycooper This Wednesday, the Bank of Canada will release its interest rate announcement and the October Monetary Policy Report. Most people expect the overnight rate ...Read more...
Bank of Canada Maintains Overnight RateBy Scott WestlakeMay 30, 20190 comments#boc #bankofcanada #oakvillemortgagebroker #gtamortgage Bank of Canada Maintains Overnight Rate at 1-3/4% In a terse statement, the Bank of Canada maintained ...Read more...
Bank of Canada Reduces Prospects of Rate HikeBy Scott WestlakeMarch 6, 20190 comments#BoC #mortgagerateupdate #twt #thewestlaketeam #scottwestlake #dlc #mortgagenews BANK OF CANADA REDUCES PROSPECTS OF A RATE HIKE In a very dovish statement, the Bank of Canada acknowledged this morning that the slowdown in the Canadian economy has been deeper and more broadly based than it had expected earlier this year. The Bank had forecast weak exports and ...Read more...