Bank of Canada

The Bank of Canada today announced that it will make no change to the target overnight rate, which currently stands at 0.25%. In its announcement, …

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

If you have a mortgage, then interest rates are extremely important to you! When rates go up, mortgages become more expensive. When interest rates go down, keeping up with a mortgage becomes much easier. The problem … Read More

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.

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.

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.