bank of canada

June 7, 2022

Bank of Canada Raises The Overnight Rate to 1.50%. What Does That Mean For You?

The Bank of Canada has just announced a 0.50% increase in their overnight rate, bringing it to 1.50%. What does that mean for your mortgage? If […]
September 11, 2023

Understanding the Bank of Canada’s Decision to Maintain the Overnight Rate at 5%

Amidst the latest GDP data and unemployment rate updates, which point to a decelerating Canadian economy, the Bank of Canada has made a significant announcement. In […]
April 11, 2024

The Bank of Canada maintains the policy interest rate at 5%

Announced yesterday April 10th, the Bank of Canada decided to hold the overnight interest rate for the 6th time in a row. In this blog, I’m […]