July 15, 2020
Our freshly “minted” Bank of Canada (BOC) Governor, Tiff Macklem, had his first press release today, and as expected, he left the prime rate unchanged. The […]
June 3, 2020
On his last day in the office, the Bank of Canada Governor Stephen Poloz left without much fanfare and maintained the current prime lending rate. Keep […]
April 15, 2020
The Bank of Canada left rates unchanged today, but the real news of the day was the announcement of a new credit facility allowing the BOC […]
April 5, 2020
Warning! This is a long post! It was requested by quite a few people who read our Facebook Post talking about fixed rates increasing. I’ve tried […]
March 4, 2020
In response to the spread of the COVID virus, the Bank of Canada (BOC) dropped the prime rate by 0.5 percent today. Though today’s rate cut […]
December 4, 2019
The prime lending rate was left unchanged today by the Bank of Canada (BOC), which is not a shocker as I’m sure the Vegas odds are […]