Tax Refund – How are Canadians Spending their Money
Tax Refund – Are Canadians Using their Tax Refunds Wisely? According to the Canada Revenue Agency, the average Canadian will receive a refund of $1,400. What are you planning on doing with your refund?
Read moreLower Rate Hikes on the Way?
Mild Inflation Could Lead to Lower Rate Hikes by June. At its most recent regular monetary policy meeting, the Bank of Canada said that it would keep its historically low interest rate of 0.25 per cent.
Read moreNew Lending Rules Take Effect – Time to Break Out the Adult Beverage
With the New Lending Rules Taking Effect, ‘Sky is Falling’ Mentality Takes Ove the Canadian Consumer. Should I lock into a fixed rate, should I switch to a variable rate, should I break my current contract to get something now?
Read moreCanadian Interest Rates Expected to Increase
The Bank of Canada Signals Canadian Interest Rate Hikes Coming Sooner than Later.The Bank of Canada has finally signaled that an interest rate hike is coming as soon as June 1.
Read moreInterest Rates on the Rise in Canada
Canadians Start to Panic About the Real Estate Market as Interest Rates Rise and the HST Looms Over BC and Ontario.
Read moreMore Canadian Banks Looking at Increasing Fixed-Rate Terms
More Banks in Canada Are Increasing Fixed-Rate Terms.A day after Royal Bank of Canada, Toronto-Dominion Bank and Laurentian Bank raised fixed-rate mortgage rates.
Read moreInterest Rates on the Rise in Canada
Here we go folks, it’s the moment we’ve been waiting for: Canadian banks are starting to raise interest rates on fixed-rate mortgages. Well, not all banks, at this point it’s Royal Bank of Canada (Canada’s largest bank), TD Canada Trust, and Laurentian Bank who have made changes to their mortgage rates.
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