Wednesday, April 13, 2022

Mortgage Rates & Mortgage Broker News in Canada

Mortgage Rates & Mortgage Broker News in Canada


The Bank of Canada Delivers a 50-bps Rate Hike, Says More Are Needed

Posted: 13 Apr 2022 10:38 AM PDT

As was widely expected, the Bank of Canada raised its benchmark lending rate by 50 basis points on Wednesday, bringing it to 1.00%.

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