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 July 12th, for the first time in seven years, the Bank of Canada increased the overnight rate by .25%, withdrawing some of the stimulus that was needed after the … Continue Reading Rates went up, so now what do you do?
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.
The Bank held their third, of eight, scheduled meetings this week. As widely predicted, the Bank of Canada announced that it is holding the key rate steady. While noting that … Continue Reading Enjoy the low rates..No rate hike with Bank of Canada
Last month, the US Fed Reserve Bank Chairperson, Janet Yellen, raised rates for the first time since 2006. Historically, Canada follows the US with rate movement.. However, times are … Continue Reading US Fed rate hike doesn’t mean Bank of Cda rate hike!