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Canadian Economic Growth

Bank of Canada Overnight Interest Rate Stays at 1.75% for July 2019

Bank of Canada Overnight Interest Rate Stays at 1.75% for July 2019

July 10, 2019

The Bank of Canada overnight interest rate is remaining the same for yet another month. On July 10, 2019, the […]

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Bank of Canada Keeps Overnight Interest Rate at 1.75%: May 2019

Bank of Canada Keeps Overnight Interest Rate at 1.75%: May 2019

May 30, 2019

The Bank of Canada overnight interest rate is staying at 1.75% after the May 29 announcement. The Bank Rate is […]

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Are Bank of Canada Predictions for Next Year Too Optimistic?

Are Bank of Canada Predictions for Next Year Too Optimistic?

May 23, 2019

What is in store for the Canadian economic forecast? There is some disagreement about the matter. On April 24, 2019, […]

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Use Home Equity Borrowing Trends to Have the Competitive Edge

Use Home Equity Borrowing Trends to Have the Competitive Edge

April 1, 2019

Home equity borrowing is on the rise. Filings from the Office of the Superintendent of Financial Institutions (OSFI) show that […]

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Do You Think the HELOC Rules Being Adopted by Many Banks Make Sense?

Do You Think the HELOC Rules Being Adopted by Many Banks Make Sense?

March 11, 2019

A new policy affecting Home Equity Line of Credit (HELOC) rules recently came into effect across several of Canada’s Big […]

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Changes to Mortgage Stress Testing: Learnings One Year Later

Changes to Mortgage Stress Testing: Learnings One Year Later

February 25, 2019

It’s been just over a year since Canada introduced new mortgage stress testing regulations for uninsured mortgages, and some think […]

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