For the first time in almost seven years, the Bank of Canada has raised its key interest rate. In its scheduled Monetary Policy Report (MPR), the bank announced this morning that it is increasing the rate by…
It’s less than three months until we begin a brand new year. So what will Canada’s housing markets look like in 2017? We go over the biggest factors at play as well as what we can expect in the home design department.
No surprise this time around: The Bank of Canada is leaving the overnight lending rate at 0.5 per cent – where it has been since July of 2015. Read on to find out how this will impact fixed and variable rate mortgages.
There has been no change from the Bank of Canada in today’s announcement, despite a lagging economy and weak loonie. How will consumers be affected? Read on to find out.
The Bank of Canada inflation target is an important way to measure our economy’s health – but there’s recent talk of changing the target altogether. Does this spell bad news for the economy? Read on to find out.
What are Bank of Canada Rates? Here’s what you need to know about the Overnight Lending rate, Prime rate and Qualifying rate.
European bond pricing plays a big role in the affordability of Canadian mortgage rates. As the ECB utilizes more QE measures, Canadian bonds, and rates, are pushed even lower. Read on to learn more.
No change was announced today for central interest rates – the Bank of Canada is sticking to status quo, as the impact of dropping oil prices is still being felt throughout the economy. Here’s what consumers should know.
Get ready for your March Money Update: The Bank of Canada keeps rates at status quo while a debate rages over your TFSA savings options. Read on for this week’s top finance headlines.
The Bank of Canada has maintained the Overnight Lending rate at 0.75%, with no additional cuts to Prime in store. Here’s how this could affect your mortgage.