The Bank of Canada raised its target for the overnight rate to 3/4 per cent on July 12.
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Bank of Canada increases overnight rate target to 3/4 per cent
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Financial Stress
What is the biggest stress affecting Canadians today?
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Seniors the first to crack as rising rates crank up debt stress
The storyline that debt levels in Canada are big but manageable is starting to unravel.
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Fixed vs. variable: Two brokers weigh in
With a rise in interest rates by the end of the year all but certain, variable mortgage rate plans have become less enticing than they’ve been in the last decade.