The Bank of Canada is holding its key benchmark rate for the seventh time in a row, despite the U.S. Federal Reserve cutting its own for the first time in 10 years.
Here’s why a change to the Bank of Canada five year benchmark qualifying rate might be good news.
BOC holds rates steady.
This week, market watchers are waiting to hear what the Bank of Canada will do when do when it comes to interest rates.
With the new trade agreement, entitled the United States Mexico Canada Agreement (USMCA), Canadians will be able to purchase goods up to $150 CAD without paying…
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.