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March 2024
OTTAWA, March 6 (Reuters) - The Bank of Canada (BoC) held its key overnight rate unchanged at 5% on Wednesday as anticipated, but dashed hopes for borrowers seeking respite, citing persistent underlying inflation as a barrier to considering a reduction. Governor Tiff Macklem emphasized the inability to schedule rate cuts, highlighting elevated core inflation metrics. Overall inflation remains at 2.9%,...
Dreaming of a debt-free retirement? It's a common aspiration, and for many, homeownership is the cornerstone of that dream. Celebrating mortgage payoffs and enjoying the yearly increase in property values (typically 4-15%) are indeed joyous milestones. But what if we told you there's an untapped potential within your home that could catapult your financial growth? **🚀 Equity: Your Silent...