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Recovery Fragile, says McGuinty, so hold the rate!

Posted by Sherry Rioux on September 2, 2010

September 8th is the next date set by the Bank of Canada to meet about interest rates and setting the key overnight rate. 

With Canada’s fragile recovery, and with a lacklustre GDP down 3.8 percent to 2 percent in second quarter 2010, financial pundits are predicting the central bank will not raise rates at this time.

Read what Ontario Premier Dalton McGuinty had to say when he  weighed in on this topic.

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