Bank of Canada Prepared to Raise Interest Rates âForcefullyâ
The goal of the BoC is to ensure that they can control the high inflation in the country, and this is currently their top priority.
The goal of the BoC is to ensure that they can control the high inflation in the country, and this is currently their top priority.
With further rate hikes on the way, many Canadians have concerned whether the benefits of variable mortgage will be diminished.
The persistent inflation is changing rate forecasts weekly and forecasting interest rates in such circumstances does not provide conclusive results
The average monthly rent calculated was $2,044 for one-bedroom, and the average two-bedroom costing $2,778.
During the pandemic, the dominant theme of economic recovery has been inflation and we are expecting interest rates to increase this month