Interest Rate raised 0.25% in Canada Wednesday, March 2, 2022, the Bank of Canada took a long-awaited, much-needed step, raising interest rates from their .25% historic low, to .50%.Although minimal, we here at REDCanada still absolutely consider this to be a win for multiple reasons.First, from a less-than-technical perspective, lenders can no longer advertise interest … Continue reading Bank of Canada raises interest rates, is it the right step?
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