Small rise in interests rates can result in a big cost to you - It's Your Money - Castanet.net

On June 1, the Bank of Canada raised its prime rate by another 50 bps and also signaled additional hikes were coming soon.

On June 1, the Bank of Canada raised its prime rate by another 50 bps and also signaled additional hikes were coming soon. Canadians with variable rate mortgages would be wise to keep an eye on anno… [+3474 chars]

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