Bank of Canada Announcement
Given the slowdown in inflation in the recently released CPI numbers in January, the Bank of Canada has left its overnight target rate unchanged, keeping it at [...]
Bank of Canada Announcement
The Bank of Canada has announced another quarter point hike to its benchmark rate. This is the eighth consecutive rate increase in its mission to curb inflation [...]
Bank of Canada Announcement
The Bank of Canada has raised its overnight target rate by 50 basis points, bringing it to 3.75%. This is the Bank’s sixth consecutive rate hike and [...]
Autumn has arrived and the markets continue to cool
Home sales in Canada declined for a sixth straight month in August according to the latest report from the Canadian Real Estate Association. Compared to July the [...]
Bank of Canada Announcement
September has arrived and the central bankers are back from their summer vacations. With that they resume setting interest rates and fighting inflation. Leading up to today [...]
Bank of Canada increases overnight rate to 2.50%
As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is your personal update on [...]