Blog tagged as Bank of Canada

Bank of Canada Update



On June 5, 2024, the Bank of Canada (BoC) made a significant move by cutting its key interest rate from 5.0% to 4.75%. This decision marks the first rate cut since March 2020 and signals a shift in the country's monetary policy. The rate cut is expected to have far-reaching implications for business...

10.06.24 08:27 PM - Comment(s)
Unleashing Financial Freedom

In the ever-evolving landscape of personal finance, individuals are constantly seeking efficient ways to manage their money. One such financial tool that has gained popularity in recent years is the Home Equity Line of Credit (HELOC). This financial instrument provides homeowners with a flexible and...

24.01.24 04:42 PM - Comment(s)
The Financial Anticipation

As January 24 approaches, he Canadian financial landscape is abuzz with speculation and anticipation regarding the Bank of Canada's impending decision on interest rates. This critical announcement carries the potential to ripple through various sectors of the economy, impacting everything from ...

18.01.24 05:40 PM - Comment(s)