July 12, 2017
The Bank of Canada (BOC) raised the prime rate by 0.25% today. It’s a move that isn’t so much designed to slow the economy down, but […]
December 7, 2016
The Bank of Canada (BOC) kept rates the same this morning, which may seem like a forgone conclusion, however, there was talk over the past couple […]
October 19, 2016
As expected the Bank of Canada (BOC) kept the prime interest rate the same. With the new mortgage rules brought in by Finance Minster Bill Morneau, the BOC’s […]
September 7, 2016
As widely expected, the Bank of Canada (BOC) left rates unchanged today. Some key points in Governor’s comments were: We are seeing the quantified effect on […]
July 13, 2016
Our Variable Rate Updates are starting to sound like a broken record, and I’m not sure if they are being read at this point since they […]
May 25, 2016
The Bank of Canada (BOC) left the prime rate unchanged today but the Governor is expecting growth to return in the third quarter of 2016. […]