Today Governor Tiff Macklem (Tiff) of the Bank of Canada (BOC) surprised Canadians with “only” a 50bps (0.5 percent) rate increase. Given last week’s inflation figures […]
The Bank of Canada (BOC) made the preemptive/scorched earth decision to raise the prime interest rates today by 1%. Combined with the continued decrease in your […]
During today’s policy meeting, Governor Tiff Macklem of the Bank of Canada decided to increase the prime rate by 0.5% versus the usual 0.25%. A rate […]