Bank of Canada raises interest rates for first time in 7 years

Bank of Canada hikes key interest rate to 0.75% and next increase could be in October

Disruptive interst rate marketplace empowers the consumer

Consumers get the most competitive interest rates by asking financial providers to bid for their business

What will be the affect of Interest Rate hikes in US on Canada

Last December, the United States raised interest rates by a quarter point- from 0.50% to 0.75%. Also for the first time since the year 2007, Canada has a lesser central bank rate than the United States. The Bank of Canada also announced that they were sticking to their monetary policy by holding its key rate at 0.5 percent.

Find your best investment rates through these steps

To secure the future, one must have to save their earnings for their future. The best option for saving our earnings is to invest it on something. For example, people can invest their money in some assets or deposit their money for some time period.