[ad_1] Changes to the BoC rate impacts the prime rate set by Canadian lenders, which in turn affects the pricing of variable-based borrowing products,…
[ad_1] What does the rate cut mean? The immediate impact of today’s rate cut will be interest rate relief for Canadians. As a result…
[ad_1] As a result of the latest rate hold, the prime rate in Canada will remain at 7.2%. This might not seem like big…
[ad_1] In other words, during the near-zero interest rates that prevailed until recently, investors wanting real inflation-adjusted returns had almost no choice but to…
[ad_1] As a result of these rate hikes, the interest rates available on guaranteed investment certificates (GICs) have risen as well—leading to renewed interest…
[ad_1] If you like the safety of GICs but also want exposure to the stock market, there’s a type of investment for that: market-linked…
[ad_1] The point? If a GIC investor is looking to lock in a good long-term interest rate, they may want to consider some bond…
