Interest rates were cut to 4.75 per cent in June and 4.5 per cent in July.
The Bank of Canada lowered interest rates for the past three months in a row. The latest was Wednesday when rates were cut by 25 basis points to 4.25 %. In Rocky Harbour on Wednesday, Prime Minister Justin Trudeau said this is good news for Canadians. It means families or businesses will see a little relief. Canada is the first major country to have 3 inflation cuts in a row. Interest rates were cut to 4.75 per cent in June and 4.5 per cent in July.
MHA says new long term care centre in Stephenville Crossing is needed
Corner Brook Pulp and Paper's five year forestry plan gets government go ahead
MUN pilot project will see more internationally trained engineering students get license in NL
Kruger's VP says work to begin soon on $700M retrofit at Corner Brook Pulp and Paper
Tender issued to build 20 new NLHC apartments in Corner Brook
