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Bank of Canada Interest Rate as of December 2019

The Bank of Canada is maintaining the interest rate at 1.75% as of December 2019. The bank has confirmed that there are ongoing trade conflicts and uncertainty are preventing business investment, trade, and global growth in Canada. 🇨🇦🗞️

The global economy is stabilizing and economic growth is expected to increase over the next couple of years. The next interest rate announcement is January 22nd.. Stay Tuned! 👀🗞️ .
To learn more about the Bank of Canada’s decision visit https://bit.ly/2DN7WPo

The scheduled dates for the interest rate announcements for 2020 are as follows:
  • Wednesday, January 22
  • Wednesday, March 4
  • Wednesday, April 15
  • Wednesday, June 3
  • Wednesday, July 15
  • Wednesday, September 9
  • Wednesday, October 28
  • Wednesday, December 9

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