Terrible Swift Rate Rises Soon?
Even in 2010 there was talk of Interest Rate rises but they never really came to pass, and now we seem to be keeping low rates?
Interest rates set by the bank of Canada
Even in 2010 there was talk of Interest Rate rises but they never really came to pass, and now we seem to be keeping low rates?
In December 2010, the Bank of Canada chose to maintain its key overnight rate at 1.0%, reinforcing a strategy of “loose money” to nurture a fragile economic recovery. This post unpacks the cautious tone of… Read More »Money too Loose Continues
Might Balance Budget by 2015 Jim Flaherty (Canadian Federal Finance Minister, and the man who spins the Financial Blarney for the Feds) started the Financial Waffling section of the Government End of Year reports, when… Read More »Canada’s Balanced Budget (Eventually)
Discover the scope of the mortgage industry in Canada. Learn about the $1 trillion mortgage debt and its impact on homeowners.
It is important to remember that in banking it is all negotiable. As example, I got a call a while ago from a friend asking me about what interest rate that I paid on my… Read More »In Banking It is All Negotiable