Recent Sales
$376,000
2
2
Calgary, AB
beds
baths
$444,900
2
2.5
Okotoks, AB
beds
baths
$274,000
2
1
Calgary, AB
beds
baths
$755,000
4
3.5
Calgary, AB
beds
baths
Vaccines Here–Can Higher Interest Rates be Next?
Vaccines are Here – Can Higher Interest Rates be far behind?
How Long Can Interest Rates Stay Low Once Vaccines Arrive?
The announcements, two so far this month, about a vaccine for Covid-19 have taken markets by storm. When news broke that drug makers, Pfizer and Moderna had COVID-19 vaccine breakthroughs that appeared 90-94.5 % effective, the Dow Jones industrial average soared and the Toronto market also took off. Canadian oil and gas shares shot up with the prospect of people once again taking road trips and climbing aboard planes. The price of oil rose 10 %.
2019 Arrival of Corona-virus - Bank of Canada Cut Interest Rates
To help the economy struggle through the COVID-19 crisis and…
