Did You Just Get Robbed By Your Bank?
The Big Banks Are at it Again! Yesterday the Bank of Canada announced it was cutting the overnight rate by .25%. to 1/2 per cent. Normally when the overnight rate is lowered, banks follow suit [...]
Bank of Canada Rate Announcement July 15th, 2015
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and [...]