Higher interest rates are coming. Are you ready? - CBC News


3/1/2022 12:00:00 AM4 yearsago

Many economists predict the Bank of Canada will begin hiking its benchmark interest rate, starting with a hike of 0.25 per cent on Wednesday. The question now is, how high will interest rates go, and will indebted Canadians be able to handle it?

Everything seems to be getting more expensive. Food, gas and housing prices are on the rise while paycheques are slow to keep pace. The CBC News series Priced Out explains why you're paying more at … [+5178 chars]

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