Gordon Pape: Bank of Canada blunders could bring a housing market crunch - The Globe and Mail
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6/8/2022 12:00:00 AM3 years 8 months ago
by Gordon Pape
by Gordon Pape
Here’s what anyone carrying a variable rate loan should do
The Bank of Canada raised its overnight rate by 50 basis points, or half a percentage point, last week to 1.5 per cent. No surprise there. We saw a 50-basis-point hike in April and the bank has signa… [+3267 chars]
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