Bank of Canada hikes interest rates to 4.25%

General Angela Calla 12 Dec

Interest rates are headed up once again. The Bank of Canada announced it is hiking its trend-setting rate to 4.25 per cent — a rate that was just 0.25 per cent at the beginning of the year. As Emily Lazatin explains, this could have big impacts on any loans you may have. Check out our […]

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Bank of Canada Hikes Overnight Rate to 50 BPS to 4.25%

General Angela Calla 7 Dec

The Bank of Canada Hiked Rates The Full 50 BPS The Governing Council of the Bank of Canada raised its target for the overnight policy rate by 50 basis points today to 4.25% and signalled that the Council would “consider whether the policy interest rate needs to rise further to bring supply and demand back into […]

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Budgeting for the Year Ahead

General Angela Calla 6 Dec

With the recent inflation and rising prices occurring across the country, it is time to take control of your finances. One of the quickest ways to understand where your money is going and where you can make changes, is to create a monthly budget. This will help you get a snapshot of your income compared to […]

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Home Capital Signs Definitive Agreement to Be Acquired by Smith Financial Corporation

General Angela Calla 2 Dec

TORONTO–(BUSINESS WIRE)–Home Capital Group Inc. (“Home Capital” or the “Company”) (TSX: HCG) today announced that it has entered into a definitive agreement (the “Arrangement Agreement”) to be acquired by a wholly-owned subsidiary (the “Purchaser”) of Smith Financial Corporation (“SFC”), a company controlled by Stephen Smith. Under the terms of the Arrangement Agreement, subject to shareholder […]

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RBC buying HSBC Canada for $13.5B Social Sharing

General Angela Calla 30 Nov

Royal Bank of Canada has agreed to buy the Canadian arm of multinational bank HSBC for $13.5 billion in cash. RBC chief executive Dave McKay said the deal offers the opportunity to add a complementary business and client base. “This also positions us as the bank of choice for commercial clients with international needs, newcomers […]

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Enjoying a Debt-Free Holiday

General Angela Calla 29 Nov

The holidays are coming up! As much as these celebrations bring us joy and harmony, they can also bring us stress. This is particularly true when it comes to your finances! However, don’t lose hope that this will be another draining year on your pocketbook. In fact, with a little planning, there are a few ways […]

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Sagen Mortgage Insurance

General Angela Calla 29 Nov

Probably no secret that I am a fan of Sagen Mortgage Insurance, the HOAP program has helped many of my clients during hard times. House fires, floods, divorce, you name it. They were the first competitor to CMHC and that helped reduce premiums for all Canadians. Sagen released last week that they would allow extending […]

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