The Bank of Canada Governor, Stephen Poloz, has been full of surprises since he took on his current role. With a second 0.25% rate hike today in consecutive BoC meetings, … Continue Reading A 2nd Bank of Canada rate hike surprises many.. what’s it mean?
On January 2015, the Bank of Canada cut the prime rate by 0.25%. But the BIG SIX BANKS didn’t cut the Prime rate as they normally do. Instead, they waited … Continue Reading Banks pass on rate hikes but not the savings.. Shame on the BANKS!
BREAKING NEWS… BANK OF CANADA RAISES RATE BY 0.25% AND THE SKY HASN’T FALLEN!! Stephen Poloz, the Bank of Canada Governor, raised the Target rate by 0.25% to 0.75%. … Continue Reading Bank of Canada rate hike.. it’s really not a big deal.
Happy 150th Canada! Mortgage rates are going up. Hooray! Ok, yes, I’m being sarcastic. This isn’t the cheery message you wanna hear if you have a mortgage coming up for … Continue Reading Mortgage rates going up a little.. for now. What should you do?
Bank of Canada Senior Deputy governor, Carolyn Wilkins, made headlines this week when she hinted of pending rate hikes. The reaction by investors was swift. Bond yields were up 20bps. … Continue Reading Bank of Canada hints of rates hikes.. bond yields spike up