Sep. 7, 2022

Bank of Canada raises the key interest rate by three-quarters of a percentage point, bringing it to 3.25%

The Bank of Canada has raised its policy rate to 3.25 per cent today, marking the fifth consecutive rate increase in 2022.

Aug. 2, 2022

Budgeting For Inflation

If you thought the end of the pandemic would bring a return to economic normalcy, 2022 has certainly been surprising. Summer has seen inflation return to the forefront of consumers’ economic worries for the first time in decades.

Jul. 13, 2022

Bank of Canada overnight rate rises by 100 basis points to 2.50%

The Bank of Canada has raised its policy rate for the fourth consecutive time in 2022, bringing it to 2.50% from a pandemic low of 0.25%.