The Rates, They Are A-Changin’… Just Not Quite Yet

In a time characterized by widespread economic turmoil across the US and Europe, there was a certain comfort to be taken in the mundanity of the Bank of Canada’s (BoC) report today. As almost unanimously predicted, the BoC left overnight rates unchanged at 1%, meaning the prime rate stays pegged at 3% and the variable… Continue reading The Rates, They Are A-Changin’… Just Not Quite Yet