Bank of Canada holds benchmark interest rates steady The Bank of Canada made its sixth interest rate decision of the year and left its overnight benchmark rate at 0.25%. This rate has been in [...]
The Bank of Canada has made their fourth interest rate decision of 2021, keeping the key interest rate steady at 0.25%. This rate has remained unchanged since March 2020. The Bank of Canada [...]
The Bank of Canada has made its third interest rate decision of the year. The announcement comes just as Statistics Canada reported their consumer price index was higher year over year and as [...]
The Bank of Canada announced yesterday it will be maintaining their current level of policy rate until the inflation objective of 2% target is achieved. This is great news for those of you in a [...]
The Bank of Canada announced their schedule of interest rate announcements for 2021. The rate decisions they make on these dates can have a direct effect on the prime rate used for variable rate [...]
Bank of Canada will maintain current benchmark rate at 0.25% and rates to remain low for a long time.
Today, the Bank of Canada announced it would be maintaining it’s overnight benchmark rate, the main tool used by the BoC to conduct monetary policy, at 0.25%. This announcement has [...]
The average price of a home across the country continued to climb in 2016 but any savings Canadians are getting from mortgage rates are getting smaller, according to a new survey.