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...