As analysts and investors worldwide focus on the likelihood of a US interest rate rise, a poll of economists has found little expectation of anything similar from the Bank of Canada until 2018.
The Reuters survey of 35 experts was certain that there would be no change from the 0.5 per cent rate this month and their longer-term outlook suggests that the bank will wait until the first quarter of 2018 before a hike.
Previous polls had suggested there would be a rise in the last quarter of 2017.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
More market watch: