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  1. 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 levels to bring inflation back to target of […]

  2. 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 […]