View Single Post
  #1  
Old 03-02-2009, 04:06 PM
Canadian Canadian is offline
Senior Member
 
Join Date: Jun 2008
Posts: 415
Default Bank of Canada set to cut interest rates

The Bank of Canada is set to cut interest rates again tomorrow, to a new all- time low! Most analysts expect a 0.5% cut, which will bring the rate to the laughable 0.5%. Once this happens the rates can only go up, and when they do all overleveraged debtors will have a hard time servicing their debt.
__________________
Bear with me please
Reply With Quote