Overnight lending rate

To say that 2023 has been an eventful year for the mortgage market would be an understatement. Borrowers have withstood one of the steepest rate …

Right in time for the holidays, the Bank of Canada is gifting Canadians with rate stability – just what borrowers wanted. The central bank announced …

The last few bits of economic data before the Bank of Canada’s December rate announcement are now in, with the latest – a weaker-than-expected …

The Bank of Canada has hiked its trend-setting interest rate once again, bringing the benchmark Overnight Lending Rate up by 0.25% to a full …

The Bank of Canada made good on their vow to stabilize rates today, maintaining their benchmark cost of borrowing at 4.5%. This “conditional …

The Bank of Canada today (March 27 2020) announced that it is lowering its target for the overnight rate by 0.50%, to 1.25%.