Bank of Canada Holds Rate Firm In Their Final Step Of Exiting From Emergency Policies
Despite inflation reaching a 30-year high, the Bank of Canada opted today to leave its trend-setting Overnight Lending Rate untouched...
Bank of Canada
Bank of Canada Leaves December Rate Untouched, Doubles Down on Late 2022 Hike
Sky-high inflation and surging job numbers weren't enough to move the dial on mortgage rates; in its final announcement of...
No Change to Bank of Canada Rate in October, Even as Inflation Burns Hot
Canada’s central bank, which sets the cost of borrowing among the country’s consumer lenders, opted today to keep its trend-setting...
Low Mortgage Rates to Stay as Bank of Canada Holds Status Quo in September
The record-low mortgage rates that have underpinned the Canadian housing market during the course of the pandemic will remain the...
Low Mortgage Rates to Remain as BoC Announces No Change in July
The Bank of Canada announced today that it is leaving its trend-setting interest rate, called the Overnight Lending Rate, unchanged...
Mortgage Rates Will Stay Low as Economy Continues COVID-19 Recovery: Bank of Canada
Some good news for those looking to qualify for a mortgage: rates will remain at their record lows for the...
Bank of Canada Announcement: Ultra Low Rates to Stay as Economy Recovers from COVID-19 Impact
The Bank of Canada opted to keep its trend-setting interest rate at 0.25% in April. Here's what that means for...
Bank of Canada Keeps Overnight Rate Steady at 0.25%
At their rate announcement on June 3, 2020, the Bank of Canada (BoC) held the overnight lending rate at 0.25%,...
Bank of Canada Maintains Overnight Rate at 0.25 Per Cent; Unveils New Credit Support Programs
The Bank of Canada (BoC) chose to maintain its overnight lending rate at 0.25 per cent in their April announcement,...
Bank of Canada Cuts Rate to 0.25% In Emergency COVID-19 Measure
The Bank of Canada (BoC) has made another unscheduled rate cut, slashing its Overnight Lending Rate by 50 basis points...
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