July rate hike from the Bank of Canada will happen. According to Frances Donald, a senior economist with Manulife asset management. ( Published in Globe And Mail newspaper on July 7, 2018.
The current day Prime rate ( 3.45%) is still low wnen compared with the Bank Lending rate reaching an all time high of 22.75 percent in August of 1981 and a record low of 2.25 percent in April of 2009.
( please do your own research, above information is a research from Trading Economics articles)
Interest Rate in mid-July, 2018 will hike
Blog by Po Ling Mah | July 7th, 2018
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