Today, the Bank of Canada (BoC) made a significant decision to increase the target for the overnight rate by 0.25%. According to the...

On April 12th 2023, the Bank of Canada (BoC) announced that it will be keeping the interest rate steady at 4.5%, marking the second...

On March 8th 2023, the Bank of Canada (BoC) announced that it will be keeping the interest rate steady at 4.5%, marking the first break...

Today, January 25, 2023, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to raise rates by 0.25%...

Today, December 7, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to raise rates by 0.5% again. We...

With all the increases we have had this year (2022), it becomes important to understand the effects on variable rate mortgages. For those...

On October 26th, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to increase rates by 0.5%. We are...

Today, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to increase rates by 1.0%. This increase is...

Today, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to increase rates by 0.5%. This increase is...

Today, the Bank of Canada (BoC) held a meeting to discuss interest rates. The decision was to increase the rates by 0.25%. This is the...

Bank of Canada keep interest rate constant.

If you are looking for a short answer on Fixed vs Variable the short answer is Variable. However, if you want to understand why, just...

For majority of people retirement sounds like a dream. The hope is that you can leave your 9-5 job in the rear view mirror, pack up and...