The Well

Tag Archives: Interest Rate

Interest Rate

Bank of Canada Keeps Interest Rate At 1%: What You Need To Know

The Bank of Canada (BoC) kept its trendsetting interest rate at 1% on Wednesday, following two straight hikes in July and September. This rate, called the “Overnight Rate,” is what dictates the prime consumer lending rates of Canada’s “Big Five… Read More

Rachel Surman

October 25, 2017