Entrepreneurs How the Bank of Canada’s rate hike will impact mortgages, loans and spending BySBN Editor Published on July 14, 2022 Share Tweet The Bank of Canada increased its key interest rate by one percentage point Wednesday in the largest hike the country has seen in 24 years. Subscribe to the newsletter news We hate SPAM and promise to keep your email address safe Continue Reading You may also like... MP Han Dong quits Liberal caucus after media report that ‘attacked his reputation’ Han Dong resigns from Liberal caucus amid foreign interference allegations MP Han Dong leaving Liberal caucus, denies allegations of working against release of 2 Michaels Why Justin Trudeau decided to ‘test’ his relationship with the NDP to fight off a Conservative attack