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What the Bank of Canada rate hold means for you

The Bank of Canada leaves rates unchanged

The Bank of Canada delivered a rate pause this morning, leaving its key lending rate unchanged at 4.50%.This is the Bank’s second pause following eight consecutive rate increases, which raised the overnight target rate by 425 bps since March 2022. In its...
Credit Score: Passport to Buying a Home

Credit Score: Passport to Buying a Home

Why is your credit score so important? Your credit score is sometimes referred to as your passport to buying a home. The majority of adults have a credit score, and should know how to maintain a high score. However, not everyone knows how a credit score can affect a...