Craig Sebastiano is a personal finance writer based in Toronto. He was previously the managing editor at Ratehub.ca and has written about credit cards, mortgages, banking, investing and investment ...

Paul Volcker wanted to tame inflation and the Bank of Canada followed suit. The prime rate, which had fallen to 12.25% in July 1980 jumped to 22.75% by August 1981. A five-year fixed rate mortgage ...

Who benefits from the latest Bank of Canada rate announcement? Learn how to use the latest rate drop to boost your financial goals ...

Canada’s smaller stocks are holding up better than their larger peers as US President Donald Trump’s trade war shows few ...

Plain Facts publishes a compilation of data-based insights, with easy-to-read charts to help you delve deeper into the ...

Interest rates in Canada respond to what happens elsewhere. For example, foreign interest rates fell during 2019. Interest rates for Canadian five-year fixed mortgages dropped in response. The Bank of ...

BMO’s prime rate was lowered to 5.25% on January 30, 2025, following the Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products, like mortgages ...

We’ve started the design process for the new $20 bank note featuring His Majesty King Charles III. See more about the new note and our design process. Economic growth has ticked up in Canada, boosted ...

RBC’s prime rate is the basis for its variable-rate lending products, like mortgages, credit cards and lines of credit. When the Bank of Canada adjusts its overnight rate, RBC’s prime rate ...

Newly elected U.S. President Donald Trump has threatened to impose a 25-per-cent tariff on all goods from Canada. With that potential damage hanging over the economy, some argue the central bank will ...

Hypersensitive currency swings to this week's "stop-go" U.S. tariff threats suggest a persistent offset to the new ...