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Taking a look back at the week ending January 27, Daniella looks back at the biggest story of the week - the Bank of Canada interest rate announcement. As expected, the overnight lending rate was raised again this week. The BoC says they will now pause and take stock of their rapid rate increases and their affect on inflation. With the prime rate at a decades long high, of us with variable rates can only hope...
By Daniella QuattroTaking a look back at the week ending January 27, Daniella looks back at the biggest story of the week - the Bank of Canada interest rate announcement. As expected, the overnight lending rate was raised again this week. The BoC says they will now pause and take stock of their rapid rate increases and their affect on inflation. With the prime rate at a decades long high, of us with variable rates can only hope...