by Stephanie Procter | Oct 25, 2023 | Bank of Canada
The Bank carries out monetary policy by influencing short-term interest rates to stimulate or slow the economy down. It does this by adjusting the target for the overnight rate on eight fixed dates each year. Your variable rate mortgage, line of credit and/or student... 
by Stephanie Procter | Oct 2, 2023 | Bank of Canada, Mortgage Rate
The Bank carries out monetary policy by influencing short-term interest rates to stimulate or slow the economy down. It does this by adjusting the target for the overnight rate on eight fixed dates each year. SO WHAT? WHY SHOULD YOU CARE ABOUT THIS ANNOUNCEMENT? Well,... 
by Stephanie Procter | Oct 2, 2023 | Bank of Canada
As we’ve previously discussed in more detail, the cost of living has risen dramatically due to a magnitude of factors. We can continue to discuss the cost of living, but I think it’s important we just get to facts that can help you right now. I know your...
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