Bank of Canada Raises Rate by 50 bps

April 13, 2022
This Guest Blog Brought To You By: Maryann Chase, TMG Mortgage Group The Bank of Canada has just raised its key lending rate by 50 basis points, bringing it to 1.00%.This marks the second change to the Bank's overnight target rate this year and the first 50-bps rate hike since 2000. In its...