The Bank of Canada announced today it’s keeping its overnight rate steady at a record-low 0.25 percent. While the central bank doesn’t directly set mortgage rates, its trendsetting rate does influence what Canadians pay on variable-rate … Read More

Every year, Ratehub.ca rounds up the best credit cards in the country to help Canadians wade through the financial weeds to find the card most suited to their spending habits and lifestyle. Like clothing, credit cards … Read More

The Bank of Canada has announced it will be keeping its target for the overnight rate at 0.25%, marking almost 12 months since it initially slashed rates in response to the COVID-19 pandemic. The Bank initially … Read More

Retirement is a life chapter that many will spend decades planning for using a Registered Retirement Savings Plan (RRSP). RRSPs have been a staple of Canadian personal finance since 1957. Since then, financially savvy Canadian citizens have taken full advantage of the exceptional tax benefits that this savings program provides. To add icing to the personal finance cake, RRSPs can also hold various types of investments along with savings—all of which can grow tax-free.

The Bank of Canada announced it is keeping its target for the overnight rate stable, at 0.25%. This is the effective lower limit of the overnight rate.

Travel can be expensive, but a good travel credit card can help offset the cost — or help you travel for free — by rewarding you points or miles for making everyday purchases. In addition to … Read More

High-interest savings accounts provide a great vehicle for long and short-term savings, with many of the best high-interest savings accounts in Canada offering interest rates over 2%.

Look, 2020 was a doozy. With 2021 around the corner, we wanted to share some predictions for trends in Canada’s mortgage and housing market.

The Bank of Canada announced it is keeping its target for the overnight rate stable, at 0.25%. This is the effective lower limit of the overnight rate.

Refinancing a mortgage is one of the more significant ways you can change your ongoing mortgage, and it can be costly. That said, mortgage refinancing gives you significant flexibility to adjust the features of your mortgage … Read More