What will happen to Bank of Canada rates in 2021?
The Bank of Canada will likely leave the overnight lending rate unchanged for the whole of 2021, according to a recent Ratehub.ca forecast.
James Laird, co-founder of Ratehub.ca, said that even with the continuous roll-out of COVID-19 vaccines, full economic recovery might take a considerable amount of time.
Original Article Source Credits: MortgageBrokerNews.ca , https://www.mortgagebrokernews.ca/
Article Written By: Ephraim Vecina
Original Article Posted on: 06 Jan 2021
Link to Original Article: https://www.mortgagebrokernews.ca/news/what-will-happen-to-bank-of-canada-rates-in-2021-336600.aspx