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Time to budget and negotiate loans in Canada

Location
Vancouver, Toronto, Calgary
Publish Date
2022/08/02

The latest rate-hike could have a big impact on people’s finances, especially when it comes to the type of debt people carry. People with variable debt such as credit cards, lines of credit and variable mortgages have interest rates tied to the BOC’s rates.Household debt is expected to ↑, with experts anticipating mortgage payments to ↑ 30% by 2027.

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Canada, Ottawa, Vancouver Island, Edmonton, Kelowna