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Graham's approach was meticulous and detail oriented.  Everything was planned out with precision and all bench marks were met on time.  He was in constant communication with me so I always knew what was happening. The end result for me was that my house sold promptly with absolutely no hitches or unwelcome surprises.  I would highly recommend Graham Ogden to anyone needing a realtor.

 

02-Jun-15

Jessie F.

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Today’s Bank of Canada rate hold announcement marks almost four straight years that the key benchmark rate has remained unchanged, since September 8, 2010. Great news if you have a variable-rate mortgage or home equity line of credit; the prime rate stays at 3%.

 

The announcement noted that “the risks to the outlook for inflation remain roughly balanced, while the risks associated with household imbalances have not diminished.” With these considerations, the Bank is maintaining its monetary policy stimulus, and remains neutral with respect to the timing and direction of the next change.

 

The next rate-setting day is October 22nd.

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