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BOC Interest Rate Rises to 1.5%: Do You Need to Consolidate Debt?

Canadian interest rates are at a new high. On July 11, 2018, the Bank of Canada (BOC) interest rate rose to 1.5%. This is still a relatively low interest rate, but if you’re struggling with debt it could mean trouble. Canadian interest rates affect floating, or unsecured, debt. This could be anything from credit card […]