Will the Prime lending rate go Up or Down

Will the Prime lending rate go Up or Down

Next week on Wednesday March 6, 2013 the Bank of Canada will be announcing its decision on the target for the overnight rate. This takes place normally at the Bank of Canada’s headquarters in Ottawa Canada. Based on its recent announcements and decisions, many feel that the rate will not change in these uncertain economic times.

What do you think will be the Bank of Canada’s decision next week about whether to touch the rate or not? Share your thoughts in the comments section of this post, and also take our Facebook survey poll at www.facebook.com/trusterramortgage.

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