Interest rate

Higher income OK with their debt

Here's some news to reassure Mark Carney: nearly two thirds (64%) of higher income Canadians plan to reduce their debt levels over the coming 12 months.

By Steven Lamb |December 14, 2010

2 min read

Briefly: “Experts: Interest rates won’t change” and more news

Economists say that Bank of Canada governor Mark Carney isn't going to increase interest rates tomorrow.

By Staff |December 6, 2010

6 min read

Market takes rate hike in its stride

It’s the one we’d been holding our collective breath for. Close on the heels of its July announcement, the Bank of Canada (BoC) raised its benchmark policy rate a second time this summer, to 1%, but most Canadians are treating it as par for the course. Experts in the financial industry assure that despite a […]

By Vikram Barhat |September 8, 2010

3 min read