Take a look at Kamloops

Article from the hometown series from BCmag.ca

Kamloops is a city of approximately 85,000 locals who are so welcoming it has been called “The friendliest in B.C.” However, the people aren’t the only warm thing in Kamloops—this region is treated to over 2,000 hours of sunshine annually, making it an ideal location for outdoor enthusiasts.

Kamloops is where the North and South Thompson Rivers meet. The water spills into a surging silver stream that runs alongside Riverside Park and North Shore. Houses, schools and churches are nestled into the upper hills. Trains snake past Kamloops Lake and rumble through the city centre. From its beginnings with the First Nations, fur traders and the construction of the Canadian

Bank of Canada stands pat, keeps interest rate at 0.5%

The Bank of Canada is keeping its benchmark interest rate right where it currently sits, at 0.5 per cent.

The bank, led by Stephen Poloz, meets every six weeks to decide on monetary policy and has cut its trend-setting interest rate twice this year in a bid to stimulate Canada's economy. 

The central bank's interest rate influences the rates that borrowers and savers pay and earn for things like mortgages and savings accounts.

The consensus view among 27 economists polled by Bloomberg ahead of the bank's decision was for the bank to do exactly what it did — nothing.

In explaining its reasoning, the bank said it kept its rate as is based on the impact of previous changes.