Bank of Canada Increases their Key Interest Rate

The Bank of Canada once again raises the key interest rate by 25 basis points! Michael Hernik, The Financial Mechanic joins us to discuss the increase. The chances of future increases and what borrowers can do to prepare. For assistance with your mortgage inquiries, book a free consultation with Ron using this link: https://calendly.com/ronqmortgage/15m... To learn more about buying or investing in Saskatchewan Real Estate, visit Ron Quaroni's website and follow his social channels: Website: https://ronqmortgage.ca/ Facebook: https://www.facebook.com/RonQuaroni Instagram: https://www.instagram.com/ronquaroni_... LinkedIn: https://www.linkedin.com/in/ronald-qu... TikTok: https://www.tiktok.com/@thegoodbroker [Disclaimer] The information presented in this video is for demonstrative purposes only. It is important to note that it does not take into account the specific objectives, circumstances, and individual needs of the viewer. The video serves an educational purpose, and viewers should rely on it as such. While the information is believed to be reliable, its accuracy, completeness, and currency cannot be guaranteed. The authors, sources, and any other parties mentioned in the video assume no liability of any kind in connection with the information provided.