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Bank of Canada Maintains Overnight Lending Rate of 0.75%

March 5, 2015

The Bank of Canada surprised economists and banks alike when they announced a quarter of a percentage cut to the overnight lending rate back in January. Now, in …

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Do You Need Mortgage Protection Insurance?

February 24, 2015

Like most Canadians, the family home is a big part of your financial net worth. But, in the early days at least, a big mortgage means it’s often …

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Canadian Banks Drop Their Prime Rates to 2.85% – What Does This Mean For Your Mortgage?

February 4, 2015

As you may have heard, the Bank of Canada left many surprised (including Canadian banks) when they dropped the Overnight Lending Rate by 25 basis points. A full …

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