Video: How the financial institution of Canada’s rate of interest impacts you

Consider the Financial institution of Canada (BoC) because the “influencer of all influencers” on the subject of rates of interest. Banks and different monetary establishments observe its lead. Be taught extra about how the BoC’s in a single day rate of interest impacts you on this brief video, that includes MoneySense government editor Lisa Hannam.

How the financial institution of Canada’s rate of interest impacts you

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Watch extra MoneySense movies:

• Why open a high-interest financial savings account?
• Why you want a USD account
• The variations between a TFSA and RRSP
• ship cash internationally

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