Canada Interest Rate

Stubborn inflation might not warrant another interest rate hike, but could mean the Bank of Canada keeps its policy rate higher for longer, according to new forecasts released this week. An updated economic outlook from Deloitte…
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As the Bank of Canada’s interest rates hikes ratchet up the pain on borrowers, traditional wisdom says better savings rates might follow. But experts say it’s not a sure thing that savings will grow in a higher rate environment,…
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