Blog

  1. Economic update for June 1st, 2022

    Bank of Canada overnight rate rises to 1.5% The Bank of Canada has raised its policy rate three times in 2022, to 1.5 per cent today from a pandemic low starting in March of 2020 of 0.25 per cent.  Bank of Canada Deputy Governor Toni Gravelle stated borrowing costs need to rise quickly to more normal […]