Bank of Canada

[Bindy25]

With the interest rate announcement coming July 19 do you the the interest rate will go up. Seeing that the inflation rate is at 3.70 and core CPI being at 1.8.

 

[Thomas Beyer]

Interest rates will be low for quite some time. Maybe 1/4 % later this year (but not July) .. Maybe another 1/4 in 2012. Given lower borrowing needs by the Feds and the provinces and given large economic uncertainty long term rates will stay low too !

 

[housingrental]

I'd guess

Good chance this year some increases but not much happens

Next year could see something more significant