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The Bank of Canada took a cautionary approach to the overnight rate.
NO CHANGE at this time, comments and language from the Governor of the Bank of Canada is a bit more cautious, they are watching the overall economy, Canadian Dollar, Oil prices (recent actions taken by the Alberta Government), Global Trade, etc. Expectations for 2019 are at least 2-3 prime rate increases, however I will continue to monitor all the above and send more details as they become available.
Here are some comments from the Bank of Canada and a link to article in the Financial Post.
Still, the Bank of Canada is more cautious than it was a few weeks ago. It concluded its statement by saying the pace of interest-rate increases will be determined by a “number of factors,” including the effect of higher borrowing costs on spending, the trade wars, the “persistence” of the oil-price shock, and the central bank’s “assessment of the economy’s capacity.”
That’s a longer list than last time.
Fawn Bluff,Bute Inlet
5791 Newton Wynd,Vancouver West
4566 NW Marine Drive,Vancouver West
2606 – 2610 Marine Crescent,Vancouver West
The River House Estate,Telkwa
1098 Wolfe Avenue,Vancouver West
5476 Angus Drive,Vancouver West
4176 Crown Crescent,Vancouver West
1657 W King Edward Avenue,Vancouver West
1075 Douglas Crescent,Vancouver West
4584 West 1st Avenue,Vancouver West
3690 East Boulevard,Vancouver West
4335 Rockridge Road,West Vancouver
9911 Bates Road,Richmond
611 Shaw Avenue,Coquitlam
621 Shaw Avenue,Coquitlam
2817 138th Street,South Surrey White Rock
605 Shaw Avenue,Coquitlam
615 Shaw Avenue,Coquitlam
701 2288 West 40th Ave,Vancouver West
10180 Finlayson Drive, Richmond,Richmond
1060 West 16th Avenue,Vancouver West
1552 129A Street,South Surrey White Rock
803 – 175 Victory Ship Way,North Vancouver
6248 Garnet Drive,Richmond
501 1337 W 10th Avenue,Vancouver West
2415 West 1st Avenue,Vancouver West
1022 Ironwork Passage,Vancouver West
2885 Woodsia Place,Coquitlam
15043 19A Avenue,South Surrey White Rock
217-10780 No 5 Road,Richmond
210-5629 Dunbar Street,Vancouver West
148 West 18th Street,North Vancouver
102-2626 Alberta Street,Vancouver West
140-15230 Guildford Drive,Surrey
202 – 14100 Riverport Way,Richmond
103 – 930 West 16th Avenue,Vancouver West
114-7580 Minoru Blvd,Richmond
113 – 9299 Tomicki Avenue,Richmond
402 1875 West 8th Avenue,Vancouver West
305-930 West 16th Avenue,Vancouver West
Lot Q 739 Highland Road, Roberts Creek,Sunshine Coast
205 – 9388 Tomicki Avenue,Richmond
1801-3755 Bartlett Court,Burnaby North
851-855 Terminal Avenue,Vancouver East
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