May 29, 2019
Interest Rates Stay at Status Quo in Bank of Canada May Announcement
The Bank of Canada has held its trend-setting Overnight Lending Rate at 1.75% for the sixth time in a row this… Read More »
Bank of Canada
April 24, 2019
Bank of Canada Holds Rate at 1.75% in April Announcement
The Bank of Canada (BoC) has stuck to a slow-but-steady stance in its April announcement, holding its trend-setting Overnight Lending… Read More »
March 06, 2019
Bank of Canada Backs Away from Rate Hike Strategy in March Announcement
The Bank of Canada (BoC) officially turned dovish in today’s scheduled rate announcement, keeping its trend-setting Overnight Lending Rate untouched at… Read More »
January 09, 2019
Bank of Canada Holds January Rate as Low Oil Prices Persist
Lingering pain in the oil sector continues to derail the Bank of Canada’s plans, with lower-than-expected prices hampering economic growth… Read More »
December 05, 2018
No Change for Mortgage Rates in BoC December Announcement
The Bank of Canada, which sets the cost of borrowing for the nation’s consumer lenders, opted to leave interest rates… Read More »
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 »
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 »