What Can I Do When Interest Rates Rise?
What Can I Do When Interest Rates Rise?

Who sets interest rates in Canada — and why? The main role of the central bank, known as the Bank of Canada, is "to promote the economic and financial welfare of Canada."[i] One of the bank's responsibilities is to use monetary policy to keep inflation low and stable, helping to manage the growth of the economy. The central bank...

April 20th, 2022 | Robin Taub