Bank of Canada Rate Increase You are probably used to seeing us use these words, but the Bank of Canada has again raised the key interest rate. The Bank of Canada has decided to increase rates by 0.5. It is a historic year as the Bank of Canada has never had five...

Increase of Prime Rates – What Does This Mean? With the increase of prime rates over the last few months, there’s a lot in question. Many people are questioning if they should have a fixed rate mortgage or a variable rate mortgage. There are many factors to consider...

Trigger Rates & Trigger Points It is no secret that interest rates are continuing to rise. The Bank of Canada has done a super-sized rate increase the past few times with interest rates increasing by half a point or more. Many people who are in a variable-rate...