Our opinions are our own. The prime rate is a base rate set by financial institutions in Canada to determine the variable interest rates they can charge on lending products, such as mortgages and ...

We break down what you should know about HISAs and give you our picks for the most competitive interest rates in Canada. High-interest savings account (HISA) HISA rate EQ Bank Personal Account* Up ...

Interest rates in Canada have declined gradually since the 1980s. Chart 1 plots the interest rate that the Government of Canada pays to borrow for a period of 10 years. This rate hovered around 10 per ...

The Bank of Canada (BoC) last raised its key interest rate to 5% on July 12, 2023, marking the first time since April 2001 that the rate had hit the 5% mark. Before that pause, a series of rate ...

The BoC’s mega-cuts in October and December didn't change the game for home buyers. Today’s 25-basis point reduction probably won’t either.

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...

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 ...