Janet McKeough's blog

SURPRISE - Bank of Canada Lowers Overnight Rate by 1/4%

Article by Jamie Henry of MBN


Yesterday’s interest rate cut by the Bank of Canada was not widely expected and has not been universally welcomed but it’s certainly got everyone talking. As soon as the announcement was made the speculation began as to what effect the cut would have on the housing market.

IF IT SOUNDS TOO GOOD TO BE TRUE – IT USUALLY IS.

There are radio advertisements promoting a seminar on “How to get rich flipping properties using other people’s money”.       I find this incredibly frustrating as I know the only ones making money are the people putting the seminar on.


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