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Blog by Linda M Linfoot

Bank of Canada - Prime Rate

July 19th, 2011
Bank of Canada maintains overnight rate target at 1 per cent OTTAWA, July 19, 2011 /CNW/ - The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The global economic expansion is proceeding broadly as projected in the Bank's April Monetary Policy R ...

Don't Accept the first price Upon Renewal

July 4th, 2011
Don’t accept the first price upon renewal Remember all the work and research that went into finding the best rate for your first mortgage? Whether you spent months making sure your credit was as good as can be, or spent hours on the Internet searching for the best rate, it seems silly to waste that effort ...