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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • March 6, 2019
  • /
  • Newsworthy

The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is April 24, 2019. Press release  

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • January 9, 2019
  • /
  • Newsworthy

The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is March 6, 2019. Press release  

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Bank of Canada does not increase overnight rate, Prime will remain at 3.95%

  • December 5, 2018
  • /
  • Newsworthy

The Bank of Canada has decided not to increase the overnight rate today. Prime will remain at 3.95%. The next scheduled date for announcing the overnight rate target is January 9, 2019. Press release  

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Bank of Canada increases overnight rate, Prime will rise to 3.95%

  • October 24, 2018
  • /
  • Newsworthy

The Bank of Canada has decided to increase the overnight rate today. Prime will now increase to 3.95%, up from 3.70%. The next scheduled date for announcing the overnight rate target is December 5, 2018. Press release  

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Bank of Canada maintains overnight rate, Prime will remain at 3.70%

  • September 5, 2018
  • /
  • Newsworthy

Great news for all the variable rate mortgage holders. The Bank of Canada announced this morning that they will not raise the overnight rate which means Prime will remain at 3.70%. You can start your happy dance now. The next…

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Bank of Canada increases overnight rate, Prime will rise to 3.70%

  • July 11, 2018
  • /
  • Newsworthy

The Bank of Canada has decided to increase the overnight rate today. Prime will now increase to 3.70%, up from 3.45%. The next scheduled date for announcing the overnight rate target is September 5, 2018. Press release  

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Bank of Canada maintains overnight rate, Prime will remain at 3.45%

  • May 30, 2018
  • /
  • Newsworthy

Great news for all the variable rate mortgage holders. The Bank of Canada announced this morning that they will not raise the overnight rate which means Prime will remain at 3.45%. You can start your happy dance now. The next…

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Bank of Canada raises qualifying rate to 5.34%

  • May 10, 2018
  • /
  • Newsworthy

The Bank of Canada is raising its conventional mortgage 5-year qualifying interest rate from 5.14 to 5.34 per cent. Press release  

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FCAC warns Banks are not there to look after your best interest

  • May 1, 2018
  • /
  • Advice

In a recent CBC Go Public article, the Financial Consumer Agency of Canada (FCAC) deputy commissioner Brigitte Goulard said she “can understand” why bank employees and customers might feel disappointed by the regulator’s report. “The bank environment is a sales…

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Bank of Canada maintains overnight rate, Prime will remain at 3.45%

  • April 18, 2018
  • /
  • Newsworthy

Great news for all the variable rate mortgage holders. Prime will remain at 3.45%. You can start your happy dance now. The next scheduled date for announcing the overnight rate target is May 30, 2018. Press release  

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