By Mina Mohit
Toronto-Dominion Bank increases rate on five-year fixed mortgages by 10 basis points, to 2.94 per cent
Source: TD raises key mortgage rate
The U.S. is primed for higher interest rates, but the Bank of Canada won’t follow suit until there are real policy changes—not just Trump Tweets—to act on
Mark Carpani, senior vice president, Ridgewood Capital Management talks about Bank of Canada policy.
Bill Robson, CEO of C.D. Howe Institute, joins BNN’s Greg Bonnell for a look at why the C.D. Howe Institute’s Monetary Policy Council believes the banks should keep rates as is.
The Bank of Canada kept its key interest rate on hold at 0.5 per cent on Wednesday.
The Bank of Canada is set to announce its final interest rate decision of 2016 on Wednesday. BNN’s Jameson Berkow has more on what to expect from the central bank.