It appears that Canadian interest rates will be going up very soon.  Rod Mahrt, a Senior Portfolio Manager at Wellington-Altus in Victoria says Ottawa lowed rates and spent Billions of dollars to protect the economy during the pandemic. However, to dampen inflation, lending rates must now rise.

It appears that Canadian interest rates will be going up very soon. Rod Mahrt, a Senior Portfolio Manager at Wellington-Altus in Victoria says Ottawa lowed rates and spent Billions of dollars to protect the economy during the pandemic. However, to dampen inflation, lending rates must now rise.

It appears that Canadian interest rates will be going up very soon.&nbsp; Rod Mahrt, a Senior Portfolio Manager at Wellington-Altus in Victoria says Ottawa lowed rates and spent Billions of dollars to protect the economy during the pandemic. However, to dampen inflation, lending rates must now rise.

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Rod Mahrt, Senior Portfolio Manager - Wellington-Altus - Interest Rate discussion

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Rod Mahrt, Senior Portfolio Manager - Wellington-Altus - Interest Rate discussion

Rod Mahrt, Senior Portfolio Manager - Wellington-Altus - Interest Rate discussion