Will the Bank of Canada raise rates? Why the Oct. 28 interest rate decision is shaping up to be the ‘most dramatic’ in ages
Canadians looking to renew their mortgages or purchase a new home are anxiously awaiting the next Bank of Canada interest rate decision, set for Wednesday, Oct. 28.
The bank is eyeing a potential rate hike, after more than 11 months of status quo when it comes to interest rates.