The Global Financial Crisis hit and central banks around the world, including Canada’s own, began slashing rates. The prime rate dropped to as low as 2.25% in 2009. Interest rates stayed low for ...

With interest rates expected to decline further, along with economic uncertainties and U.S.-Canada trade tensions, Canadian ...

or a variable interest rate that declined along with the Bank of Canada policy rate. You and the characteristics of your mortgage also affect how much you pay Your past credit history and some of the ...

In return, the bank offers you a guaranteed interest rate. You can usually ... At a glance: With a history going back to 1817, this Big Six bank is the oldest in Canada. In addition to traditional ...

Discover how rent reporting tools in Canada can help you improve your credit score. Learn about the benefits, available tools and how to get started.

The maximum prepayment penalty is three months’ interest. Switchability A fixed rate can’t ... question requires some historical context. According to the Bank of Canada, the average posted ...

Kevin Nishmas is an expert financial content writer with a long and successful history of working ... and three-year GICs. The interest rate on a 3-year GIC in Canada can vary significantly.

NEWS ANALYSIS. The Republican president's promises, such as tax cuts and tariff hikes, are likely to fuel inflation. This ...

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The most likely one percent range for the 3-month yield in ten years is unchanged from last week: 0% to 1%. The most likely ...

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC ...

The Bank of Canada has appointed Michelle Alexopoulos to the central bank’s second outsider position, expanding its ...