Low rates for longer - MoneySense

Low rates for longer

Debt holders rejoice: Interest rates are going nowhere fast and other stories in the daily roundup.

  • In his final decision as Bank of Canada Governor Mark Carney left interest rates unchanged citing the need for stimulative levels for some time to come.
  • Seniors in a growing number of Canadian provinces can now defer paying property taxes.
  • Blonde on a Budget blogger Cait Flanders paid off her $30,000 student debt after just two years. Here’s how she did it.