Economy

Canada ranks number-three in the world for quality of life, with affordability serving as a major factor

Is it really that affordable right now?

By Hannah Logan

Prime Rate in Canada | Current Rate | Rate History

Banks use the prime rate to set interest for different types of loans.

By Rudro Chakrabarti

What is the Bank of Canada interest rate?

Here's how the bank's actions can affect your everyday spending.

By James Battiston

Latest Articles

How Bank of Canada's Rate Cuts Affect You

By Sandra MacGregor | 06.29.2023
Bank of Canada Interest Rates Increase: How Does It Affect You?

By Sean Cooper | 06.28.2023
What Is a Recession?

By James Battiston | 02.08.2023
Economic Forecast 2023: What Economists Predict For This Year's Economy

By James Battiston | 01.19.2023
After cutting ties to the Royal family, how are Harry and Meghan making their money?

By Emma Johnston-Wheeler | 01.06.2023
'Tis the season to be cautious: Tips for avoiding 4 common holiday scams

By James Battiston | 12.20.2022
Rate hikes, when will they end and what happens next?

By James Battiston | 12.08.2022
“It comes down to price, or patience, or both.” Despite another BOC rate hike, one realtor is hopeful that the economy will balance itself out in the next five to seven years.

By James Battiston | 12.07.2022
Canadians Plan to Spend Less this Christmas

By James Battiston | 11.16.2022
Bank of Canada interest rate hike adds pressure to tight rental market

By Dina Al-Shibeeb | 10.26.2022
If there is a shortage in the labour market, why are people losing their jobs?

By Dina Al-Shibeeb | 09.23.2022
Queen Elizabeth’s $500M is part of a bigger $28B empire. And this is how her wealth is going to be passed down.

By Dina Al-Shibeeb | 09.09.2022
What happens to Canadian money after the Queen’s passing?

By James Battiston | 09.09.2022
The winners and losers from the rate increase/announcement

By Dina Al-Shibeeb | 09.07.2022
Inflation eases after Canadians cut some costs, beating pessimistic reports on the economy

By Dina Al-Shibeeb | 08.24.2022
How to avoid the 'Bank Investor' scam that has cost Canadians $2M

By Dina Al-Shibeeb | 08.09.2022
Do the $300B Canadian dollars held in foreign reserves signal the waning of U.S. dollar’s supremacy?

By Dina Al-Shibeeb | 07.27.2022
Carbon tax rebate arrives as cost of living a top concern for Canadians

By Dina Al-Shibeeb | 07.27.2022
Canada's central bank goes 'nuclear' with a supersized 1% interest rate hike — but does that mean the Fed will follow suit?

By Sigrid Forberg | 07.14.2022
Bank of Canada Issues a Supersized Rate Hike

By Sigrid Forberg | 07.13.2022
Experts Say Housing Market is Heading for ‘Pain’

By Dina Al-Shibeeb | 07.06.2022
What is stagflation, and are we headed into a “perfect storm?”

By Sigrid Forberg | 06.30.2022
Tips to keep your finances in order during record-high inflation

By Sigrid Forberg | 06.25.2022
Pandemic Pushes Demand for Telehealth Platforms to New Heights

By Dina Al-Shibeeb | 06.15.2022
South Asian Women in Canada are Planning to Quit Their Jobs - Why?

By Serah Louis | 06.02.2022
Is a Recession Already Here?

By Dina Al-Shibeeb | 06.01.2022
By Sigrid Forberg | 06.01.2022
Russia-Ukraine war: Canada can weather the impact, experts say

By Dina Al-Shibeeb | 05.24.2022
Canada sees 25,000 unfilled cybersecurity jobs as hacking activity soars

By Dina Al-Shibeeb | 05.05.2022
Buy now, pay later becoming a lifeline for young business owners

By Serah Louis | 04.25.2022
Ontario to regulate use of financial advisor, planner titles

By Sigrid Forberg | 04.19.2022
By Sigrid Forberg | 04.13.2022
By Clayton Jarvis | 03.29.2022
Here's what will cost Canadians more in 2022

By Serah Louis | 03.23.2022
By Sigrid Forberg | 03.03.2022
8 ways to put your inflation fears to rest

By Clayton Jarvis | 11.16.2021
What Canada’s Real Estate Leaders Want From the Next Federal Government

By Clayton Jarvis | 09.01.2021