Bank of Canada

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Just Another Half Percent Rate Hike From The Bank of Canada

7 Dec 2022 2 minute read 0 comments SweptOverNiagara

Back in October, the Bank of Canada raised rates for the fifth time this year but surprised markets by raising by 50 instead of the expected 75 basis points, seeming to signal a departure from the FED as it stormed ahead a week later with a 75 basis...

Just Another Half Percent Rate Hike From The Bank of Canada

Bank of Canada Leaves Rates Unchanged

26 Jan 2022 1 minute read 0 comments SweptOverNiagara

Just letting my fellow Canadians know that the Bank of Canada will not be raising interest rates at the moment. Analysts expected a 25% chance rates would rise but at this morning's meeting, it didn't happen. Looking forward, a lift off is expected i...