Interest rate

Interest rates on savings accounts in Canada have taken a substantial dive over the last year, and the bad news is that there doesn't seem to …

By Rick MacDonnell for GoAuto.ca Getting a good interest rate with your auto loan involves a lot more than just having a high credit score. Your credit score is the most important piece of the puzzle, … Read More

Reiterating its “gradual” approach to raising interest rates, the Bank of Canada announced Wednesday morning it’s keeping its target overnight lending rate at 1.25%. “Global economic activity remains broadly on track with the bank’s April forecast. … Read More

Even with the Bank of Canada standing pat on hikes (for now), it’s all about interest rates this month as consumers anticipate the next turn of the screw on higher borrowing costs. Here are some personal … Read More

In its last rate announcement of the year, the Bank of Canada said Wednesday it’s holding its overnight lending rate at 1% amid below-target inflation and the “evolution of the risks and uncertainties” around international trade … Read More

Here are some stories that caught our eye this week: Bank of Canada increased overnight rate target to 1% This week’s biggest financial news story came on Wednesday when the Bank of Canada announced a 0.25 … Read More