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Join date: Feb 1, 2020
Posts (37)

Apr 17, 2025 ∙ 5 min
Variable Rates Hold Steady!
Bank of Canada chose not to change rates today. The overnight rate remains at 2.75% with the Prime Rate sitting at 4.95%. Now remember,...
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Mar 27, 2025 ∙ 2 min
The Smith Maneuver
The Smith Maneuver — Explained in Plain English The Smith Maneuver is a legal tax strategy in Canada that helps homeowners turn their...
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Mar 12, 2025 ∙ 4 min
Another 0.25% Rate Decrease!
Bank of Canada reduced the overnight rate by 0.25%, bringing it from 3.00% to 2.75%. Which for most lenders will bring the Prime rate...
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