Abid Hassan - IG Wealth Management

Abid Hassan - IG Wealth Management Abid Hassan is a licensed Consultant with IG Wealth Management for the provinces of Ontario & NS.

Bank of Canada has left its key interest rate unchanged at 5% today.
10/25/2023

Bank of Canada has left its key interest rate unchanged at 5% today.

The Bank of Canada held its overnight rate at 5 per cent on Wednesday, as Canada's economy continues to slow and indications that supply and demand are now approaching balance.

The Bank of Canada left key lending rate unchanged today at 4.50% after eight consecutive rate increases raising the ove...
03/08/2023

The Bank of Canada left key lending rate unchanged today at 4.50% after eight consecutive rate increases raising the overnight target rate by 425 bps since March 2022.

The Bank said it will “continue to assess economic developments and the impact of past interest rate increases, and is prepared to increase the policy rate further if needed to return inflation to the 2% target.”

The Bank of Canada today held its target for the overnight rate at 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening.

IG Wealth Management - ABID HASSAN7001 Mumford Road, 200 Halifax Place, Halifax, NS B3L 4R3https://g.co/kgs/FXDKJE
05/23/2022

IG Wealth Management - ABID HASSAN

7001 Mumford Road, 200 Halifax Place, Halifax, NS B3L 4R3

https://g.co/kgs/FXDKJE

Do you think inflation matters for Canadian Mortgage Renewals?
03/16/2022

Do you think inflation matters for Canadian Mortgage Renewals?

The table is clearly set for a number of interest rate increases by the Bank of Canada over the course of 2022 and into 2023. Here’s why this matters for Canadian mortgage renewals.

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