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.
Man on the lam arrested by Bay St. George RCMP
Steady Brook advises against using the trail around the brook area, conditions could be unsafe
NL Hydro is fully back in service, no Power Warning or Power Watch in effect
"Business in Corner Brook" town hall this Wednesday, open to everyone
Calling all chefs, time to sign up for the 16th Charity Chilli Cook Off, part of Corner Brook Winter Carnival
