The Bank of Canada Announcement Dec 7 2022

The Bank of Canada Announcement Dec 7 2022

The Bank of Canada raised its key lending rate by 0.50% today. This is the 7th consecutive increase by the Bank of Canada and means most lenders will raise their prime rate to 6.45%

💰What does this mean for you? Let’s review our short video.

While the lending rates are changing, there are always options to explore. Book an appointment to review your options – calendly.com/gailsylvester

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