TORONTO — The cost of loans linked to the big bank prime rates are headed higher in the wake of the Bank of Canada’s decision to raise its key interest rate target by a quarter of a percentage point.
CALGARY — The Bank of Canada is looking at the key questions around the design of a digital currency and the issues surrounding such an idea, a senior Bank of Canada official said Monday.
Your life, your family and your business deserve protection and if you’re a Edmonton business owner, insurance can provide that security in a number of ways that may surprise you. It can also provide opportunity to help build assets – and your business – in a tax-effective way for your retirement or estate plan.
When it’s “RRSP season” you may be considering investing in RRSP’s. The odds are that you’re likely going to be purchasing a mutual fund or GIC from your bank or financial advisor, but according to Greg Habstritt – Author of the RRSP secret, if you do, you could be making a big mistake.
The Bank of Canada has introduced multiple interest rate hikes in the last year, with experts predicting more to come – and when Bank of Canada’s rates rise, so do those of lending institutions across the country.