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Canadian Rates Fall As Banks Cut Mortgage Costs
Banks including Bank of Montreal and Royal Bank lower lending rates, with six month and one year mortgages dropping to 10 percent and 10 percent respectively. Canada Trust cuts personal loan rates to 11 3 4 percent. Economists warn rates may plateau by summer amid mixed signals.
MENTIONED IN THIS ARTICLE
Bank of Montreal
Bank of Canada
Royal Bank
CIBC
Royal
Canada Trust
David Bacque
Toronto Dominion Bank
Money Markets
Bacque
Canada
Conference Board of
Canda
Conference Board
Newfoundland
Alberta
Prince Edward Island
Ontario
Pink Floyd Laughren
Bob Rae
Bracque