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Posts Tagged Bank of Canada key interest rate

BOC Interest Rate Up to 1.25%: What to Do If You’re Drowning in Debt

BOC Interest Rate Up to 1.25%: What to Do If You’re Drowning in Debt

We’re less than three weeks into 2018, but already we’ve got some big news: the Bank of Canada (BOC) interest rate has increased again. On January 17, 2018, the BOC interest rate rose to 1.25%. This is the highest it’s been in nine years, according to the…

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