Archive for May 2019
Bank of Canada Interest Rate Staying at 1.75% for May 2019
Bank of Canada Interest Rate Staying at 1.75% for May 2019 The Bank of Canada interest rate is staying the same for another month. On May 29, 2019, the Bank of Canada (BOC) announced that it is keeping the Canadian interest rate at 1.75% — the same amount it has been since October of 2018.…
Read MorePayday Loans are Not the Right Answer for Quick Cash
You’re in a tight spot and you need money – fast. You see a commercial or drive by a sign that seems to have the answer to your dilemma: a payday loan. Stop! Payday loans may be quick cash, but they are not the best answer, no matter how badly you need the money. Let’s…
Read MoreTips for Making a Financially Savvy Vehicle Purchase
When it’s time to make a new vehicle purchase, there’s a lot to consider. But the number one thing you should be thinking about is your finances. To paraphrase Suze Orman, when it comes to buying a car, plenty of people aren’t making the smartest choices. Buying a new vehicle can be a drain on…
Read MoreBank of Canada Slowing Down Interest Rate Increases: What This Means for You
The Bank of Canada (BOC) announced on April 24, 2019 that they would not be increasing the interest rate this month. And further to that, they may not be increasing the interest rate again for the remainder of 2019. The last time the interest rate increased was in October of 2018, when it rose to…
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