September 2025

Home Connection September 2025

Posted on Sep 14, 2025


UNDERSTANDING THE BANK OF CANADA’S OVERNIGHT LENDING RATE: WHAT IT IS AND WHY IT MATTERS


WHY THE OVERNIGHT LENDING RATE MATTERS

Interest rates have a significant impact on the financial lives of Canadians, affecting everything from mortgage payments to savings returns. At the heart of these rates is the Bank of Canada’s overnight lending rate - a key...

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