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Bank of Canada says rates will stay low for a long time.

Darpan News Desk Darpan, 15 Jul, 2020 09:52 PM

The Effect of Pandemic and lower interest rates on the Realestate market. Will house prices rise or will it fall?

Bank of Canada Signals Low Rates for a Long Time. The Bank of Canada left its key interest rate unchanged at 0.25% and says it is likely to remain at that level for at least two years as the economy gradually recovers from the coronavirus pandemic and measures to contain it.

It's also unclear how quickly consumer demand will recover due to changes in spending habits, work patterns, and social behaviour.

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Surrey RCMP asking for the public's help in investigating a suspicious fire

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Surrey RCMP asking for the public's help in investigating a suspicious fire

Old photos surface on Instagram of a Fraser Valley school hosting 'SLAVE DAY'

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Vancouver mayor wants B.C. premier to review policing across province

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Alberta licence plates become targets for COVID-19 fears in some B.C. towns

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B.C. records highest overdose death toll for one month in May

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