Interest Rates heading higher in Canada

lender profile

November 04, 2021

by a lender from University of Western Ontario in Woodbridge, Vaughan, ON, Canada

Based on TD Economics outlook , interest rates are going up sooner than expected. I have seen our cost of funds on 5-year money go up over 0.60% since mid August. TD Bank is forecasting Prime to go up 0.75% by end of 2022.

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commentor profile
Reply by a searcher
from University of Pennsylvania in San Francisco, CA, USA
Here's a work-safe joke.... What’s the problem with unemployment jokes?
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None of them work.
commentor profile
Reply by a searcher
from University of Calgary in Calgary, AB, Canada
It feels like we're going into unchartered waters with the current inflationary pressures coupled with intense supply chain issues.
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+5 more replies.
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