H&M Financial Blog
The Bank of Canada raised its benchmark interest rate by a quarter of a point to one percent on Wednesday.
It’s the second time this year that the central bank has upped the rate, after hiking it for the first time in seven years in July.
The central bank’s rate has an impact on lending rates that consumers and savers get from […]
From mortgages to lines of credit, the rise in the ‘overnight rate’ will hit Canadian consumers.
After seven years of leaving its key interest steady or cutting it to near-historic lows, the Bank of Canada has finally increased its overnight rate by 0.25 percentage points to 0.75 per cent.
The overnight rate determines the rate at which banks lend money to each other […]
The Bank of Canada’s first interest-rate hike in seven years has set in motion a complex unwinding of a near-decade-long era of easy money.
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Summer 2017 update VPI Foreign Equity Pool
“Falling prices are the friend of long-term investors. If people don’t feel uncomfortable then I’m probably not doing my job.”
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Stephen Poloz speaks out on interest rate hike
The Canadian dollar extended gains and investors ramped up bets of a rate increase as early as next month after Bank of Canada Governor Stephen Poloz reiterated the central bank may be considering higher interest rates.
The nation’s currency jumped 0.7 percent to C$1.3103 per U.S. dollar at 8:57 a.m. in Toronto. The loonie […]