Variable Rate increases by 0.50%
Bank of Canada has raised their overnight rate by 0.50%, bringing it to 3.75%. Which for most lenders will likely increase their Prime...
Oct 26, 2022
Variable Rates up another 0.75%
Bank of Canada has raised their overnight rate by 0.75%, bringing it to 3.25%. Which for most lenders will likely increase their Prime...
Sep 7, 2022
Variable Rates Rise Again
Bank of Canada has raised their overnight rate by 1.00%, bringing it to 2.50%. Which for most lenders will likely increase their Prime...
Jul 13, 2022
Another Variable Rate Increase
Bank of Canada has raised their overnight rate by 0.50%, bringing it to 1.50%. Which for most lenders will likely increase their Prime...
Jun 1, 2022
Variable Rate Increases Again
April 13, 2022 Bank of Canada has raised their overnight rate by 0.50%, bringing it to 1.00%. Which for most lenders will likely increase...
Apr 13, 2022
Variable Rate Increase
March 2, 2022 Bank of Canada has raised their overnight rate by 0.25%, bringing it to .50%. Which for most lenders will likely increase...
Mar 2, 2022
Bank of Canada decides NOT to increase rates today!
Bank of Canada has maintained the overnight rate of 0.25%. We have not seen a change in this rate since March 2020 The Bank of Canada...
Jan 27, 2022
Another Emergency Rate Cut!
Bank of Canada has decreased their overnight rate by 0.50%, bringing it to 0.25%. Which for most lenders will likely decrease their Prime...
Mar 28, 2020
Emergency Rate Cut!
Bank of Canada has decreased their overnight rate by 0.50%, bringing it to 0.75%, effective Monday, March 16, 2020 . Which for most...
Mar 14, 2020
Bank of Canada Decreases Rates
Bank of Canada has decreased their overnight rate by 0.50%, bringing it to 1.25%. Which for most lenders will likely decrease their Prime...
Mar 4, 2020