Managing Your Money

Why does the Bank of Canada adjust interest rates?

Inflation and interest rates are predicted to reach highs not seen in decades, and that has many concerned people and businesses wondering, what is the relationship between inflation and interest…

Small Business Centre

What rising interest rates mean for you and your business.

Canadian businesses are emerging from the dark days of the pandemic ready to grow again. But with the Bank of Canada raising interest rates for a sixth time this year…

Managing Your Money

Financial Literacy: How interest rates work

Financial Literacy Series: What interest rates are and how they affect your life While watching the news, you’ve likely noticed that interest rates are falling. For some people, this just…

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