A Team of Experts
Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.
How Will The Bank Of Canada’s Interest Rate Hike Affect You?
By Maidina Kadeer, BA
Published on June 8, 2023
The interest rates set by the Bank of Canada, also known as the ‘bank rate’, is a key factor in determining the cost of borrowing money.
Federal Budget 2023: The Grocery Rebate
By Lisa Rennie
Published on March 30, 2023
With inflation increase the cost of living including groceries, the government has proposed a one-time grocery rebate for 2023.
Loans Canada CEO Discusses Household Debt On BNN Bloomberg
By Maidina Kadeer, BA
Published on December 13, 2022
Scott Satov examines how the Bank of Canada's 7th consecutive raise of its overnight rate coupled with inflation has affected Canadian household debt ...
How Inflation Affects Your Mortgage
By Lisa Rennie
Published on June 27, 2022
The rapidly rising inflation rates are not only affecting food prices but mortgage interest rates as well. Find out how inflation may affect your mort...
What Is The Consumer Price Index?
By Matthew Taylor
Published on August 10, 2021
Learn everything you need to know about a Consumer Price Index (CPI) and how it affects certain government payments.
Inflation And Its Effect On Your Savings
By Mark Gregorski
Published on May 6, 2021
Inflation is defined as the decline in the value of money over time. This decline results in a general and sustained rise in prices.
