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. […]
April 13, 2016
The Bank of Canada (BOC) left the prime rate unchanged today citing the weakness in the global economy, the significant slack in labour production capacity and […]
January 20, 2016
The Bank of Canada (BOC) left the prime rate unchanged today. Though the economic growth is in the lower range of the bank’s 2% target range, […]