Bank of Canada Staying at 1.75% for December 2018 – But Don’t Delay Dealing with Interest Rate Debt

Good news for 2018: we won’t be seeing any more Bank of Canada interest rate increases this year. On December 5, 2018, the Bank of Canada (BOC) announced that the overnight interest rate would stay at 1.75% for the month of December. The next...

Posted December 6, 2018 | by admin |in Bank of Canada Interest Rate, Blog, Canadian Consumer Debt, Canadian Household Debt, Canadian Interest Rates, Canadian Mortgage Interest Rates