interest rate – Thinking Port

The Bank of Canada just raised interest rates again. What does this mean for newcomers?

February 2, 2023 admin bank of canada, Canada, canada skilled worker immigration, immigration, Inflation, interest rate, interest rate hike, labour market, labour supply and demand, settle

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. […]

The post The Bank of Canada just raised interest rates again. What does this mean for newcomers? first appeared on CIC News.

Canada Immigration

Windmill Microlending announces 5.95% fixed interest rate for new loans

January 27, 2023 admin Featured, financial future in canada, interest rate, micro loans, money & business, news, settlement, windmill microlending

Credit to Author: Canadian Immigrant| Date: Fri, 27 Jan 2023 19:36:08 +0000

Windmill Microlending, a Canadian charity offering affordable loans to skilled immigrants and refugees, has announced that all new loans will be capped at a fixed interest rate of 5.95 per cent for the entire loan duration.

The post Windmill Microlending announces 5.95% fixed interest rate for new loans first appeared on Canadian Immigrant.