FSRA# 13047 Valko Financial Ltd.

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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Tracy and her team are here to help. Apply online or contact us today and allow us to help you along your journey in life. We will always provide sound financial advice on the best options for your mortgage.