Interest Rates Held At Current Levels
The Bank of Canada maintained interest rates at their current levels in the latest announcement held last Wednesday. Despite their usual reserved approach regarding potential rate cuts, fixed rates in…
Longer Wait Coming For Interest Rate Relief, If Coming At All
The global economy, despite concerns about slowing growth, seems to be displaying signs of resilience. Both the United States and Canada have witnessed unexpected strength in their economies, prompting questions…
No Interest Rate Increase Yet for 2024 Announced and The Impact of Interest Rate Increases on Mortgage Renewals in Canada
Today, the Bank of Canada made its first interest rate announcement of 2024, confirming speculations that interest rates would be held at 5%. This announcement raises the question of how…