The Bank of Canada announced this morning that it is raising its target for the overnight rate by 25 basis points to 0.75 per cent. In the press release accompanying the decision, the Bank noted that Canada’s economy has been robust and a significant amount of economic slack has been ...
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This edition of the Weekly Rate Minder has the latest, best rates for Canadian mortgages. At Dominion Lending Centres, we work on your behalf to find the mortgage that suits your needs. *(O.A.C., E.&O.E.) Terms Bank Rates Our Rates 6 Month 3.14% 3.10% 1 YEAR 3.04% 2.34% 2 YEARS 2.84% 2.14% ...
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The Rental Construction Financing initiative (Financing initiative) provides lower-cost loans to encourage the construction of affordable rental housing across Canada. It will provide up to $625 million in loans each year for 4 years starting in 2017. For more information click here ...
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