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,...

The Smith Maneuver — Explained in Plain English The Smith Maneuver is a legal tax strategy in Canada that helps homeowners turn their...

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...