And that makes five: the Bank of Canada opted to keep its trend-setting Overnight Lending Rate at 5% today for the fifth consecutive time, further …
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The Bank of Canada has kicked off the new year with a rate hold, ushering in another holding pattern for variable-rate borrowers.
Read articleRight in time for the holidays, the Bank of Canada is gifting Canadians with rate stability – just what borrowers wanted. The central bank announced …
Read articleOn November 8, the Bank of Canada’s Governing Council – the six-member group that decides whether to raise, cut, or hold interest rates in the central bank’s rate policy announcements, released their Summary of Deliberations.
Read articleThis post was originally published on August 21, 2023, and was updated on March 4, 2024. It’s undoubtedly a stressful time to be shopping for …
Read articleCould the Bank of Canada’s rate hiking cycle finally be in the rearview? The central bank opted to hold its Overnight Lending Rate at 5% this …
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