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Loans

Canadian holding keys to a new home, in hopes that the Bank of Canada rate announcement will have an impact on mortgage rates.

Columns

Making sense of the Bank of Canada interest rate decision on July 24, 2024

Making sense of the Bank of Canada interest rate decision on July 24, 2024
Photo by Justin Tang/The Canadian Press

News

What is the Bank of Canada’s interest rate?

Bank of Canada cuts its key interest rate by quarter percentage point to 4.5%.

What is the Bank of Canada’s interest rate?

Auto

Is it a good time to buy a new car?

Vehicle supply is building, and prices are going down. Here’s why the stars may be aligning for new car...

Is it a good time to buy a new car?
Calculating cost savings on a 3- vs. 5-year mortgage

Mortgages

3-year versus 5-year mortgage: How to choose your term

Interest rates are still high but set to come down, which is a key factor in picking a mortgage...

3-year versus 5-year mortgage: How to choose your term

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Fireworks for the June 5 BoC lower rate announcement

Mortgages

Making sense of the Bank of Canada interest rate cut on June 5, 2024

Making sense of the Bank of Canada interest rate cut on June 5, 2024
Woman working in call center as dispatcher

Mortgages

Mortgage broker vs. bank—which will save you more money?

The pros and cons of using a mortgage broker and going to a bank directly.

Mortgage broker vs. bank—which will save you more money?

Debt

Why young people keep getting caught in debt traps and how to break the cycle

Ever-increasing credit card limits, lifestyle creep and a rising cost of living are contributing to a rise in debt...

Why young people keep getting caught in debt traps and how to break the cycle

Auto

The real costs of buying a car

What a car loan can do to your credit and borrowing capacity, and how interest and add-ons really do...

The real costs of buying a car

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Woman playing a game of Monopoly, wondering how their credit score could affect hers.

Debt

Couples and credit scores: How your partner’s credit can affect yours

Couples and credit scores: How your partner’s credit can affect yours

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