October 24, 2018
Bank of Canada Hikes Interest Rate to 1.75% in October Announcement
Get ready, mortgage borrowers – interest rates are on the rise again. The Bank of Canada (BoC) has hiked its… Read More »
Bank of Canada
September 05, 2018
The BoC Holds Rate in September Announcement, But More Hikes to Come
The Bank of Canada has opted to leave its trend-setting Overnight Lending Rate untouched this month, after hiking it by… Read More »
July 11, 2018
Bank of Canada Hikes Rate to 1.5% in July Announcement
Growing trade volatility and tariff threats weren’t enough to sway the Bank of Canada from its upward swing: the central… Read More »
May 30, 2018
Bank of Canada Holds May Rate – but Hike is on Horizon
It’s not a question of if, but when. The Bank of Canada held its trend-setting interest rate at 1.25 per… Read More »
January 18, 2018
How Will Higher Bank of Canada Rates Impact Your Mortgage?
As expected, the Bank of Canada hiked its target for the overnight rate Wednesday morning, giving current and potential homebuyers… Read More »
January 17, 2018
Bank of Canada Hikes Rate to 1.25% in January Announcement
Interest rates are on the rise for the third time in six months, with the national cost of borrowing now… Read More »
December 21, 2016
Rising Home Prices Pose Biggest Economic Threat: Reports
Rapidly rising home prices have been a volatile issue in Canada for years, as shelter costs far outpace average incomes in… Read More »
April 23, 2015
Bank of Canada Rate Announcement: Less Atrocious Times Ahead?
By Penelope Graham, RateSupermarket.ca, MoneyWise So, Mr. Poloz – is it all uphill from here? Today’s Bank of Canada interest… Read More »
January 22, 2015
BREAKING: The Bank of Canada Cuts Interest Rate to 0.75%
By Penelope Graham, RateSupermarket.ca, MoneyWise The Bank of Canada is officially worried about the drop in oil prices – so… Read More »
January 09, 2012
Discussing Prime Rate
by CanEquity How is Prime Rate in Canada Determined? Canada’s prime rate is a guideline rate announced by the Bank… Read More »