The Bank of Canada just raised interest rates again. What does this mean for newcomers?
Credit to Author: Edana Robitaille| Date: Thu, 02 Feb 2023 13:00:02 +0000
The Bank of Canada (BoC) recently announced another rise in interest rates, up to 4.5%, or up 25 basis points from 4.25% on December 7, 2022. While this is the smallest rise in interest over the past year, interest rates will stay high for the foreseeable future making larger spending more difficult than previous years. […]
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