Friday
30
AUGUST
2024
Each year, the Bank of Canada has eight
pre-specified dates for announcing any changes to the official interest rate.
The scheduled dates for the interest rate announcements for 2025 are as
follows:
Wednesday
23
FEBRUARY
2022
Mortgage
rates are a very hot topic these days. Will the Bank of Canada raise the
prime rate soon? What is the bond market doing? Is a fixed rate mortgage better
than a variable rate mortgage right now?
Monday
7
NOVEMBER
2011
Have you ever stopped to think how your bank decides what rate to offer you when you apply for a Variable Rate Mortgage? Banks may offer a great initial rate when you first bring them your business, but the question that you need to ask them is what rate will they offer you when you decided to lock in?