Month: August 2018

3 Signs to Watch Before a Bank of Canada Announcement

By: Penelope Graham, Zoocasa On July 11th, after seven stagnant months, the Bank of Canada hiked its Overnight Interest Rate by a quarter of a per cent, to 1.5%. While upward movement from the central bank is always noteworthy – its trend-setting rate is used by Canada’s consumer lenders to set their own mortgage and… Read more »