The prime rate, also referred to as the prime lending rate, is an interest rate set by large Canadian financial institutions, such as the Big Six banks. While each bank sets its own prime rate, the posted prime rates for major banks are often the same. Their prime rates depend on the...
BoC’s overnight rate, also known as the policy rate, is one of the key elements that guides the prime rates for commercial banks. Each bank sets its own prime rate, but the Big Six Canadian banks— BMO, Scotiabank, CIBC, RBC, National Bank, and TD — usually have the same prime ra...
Adjustable rate mortgages (ARM loans) have a set interest rate for an introductory period and then the rate adjusts every six months thereafter.
Affiliate marketing is a type of marketing where publishers, known as affiliates, earn a commission by promoting a product or service for a retailer or advertiser. The affiliate is rewarded a payout when they provide a specific result for their affiliate partner, such as customers, website traff...
Arable terrains are abandoned as Italian grain prices plummet, yet still can’t overcome the Canadian and Ukrainian competition, that have even become the primary suppliers of our renowned pasta companies. The small factories that produce high fashion and top line ready-to-wear or quality ...
[Note; while working on the post I noticed that Nick’s co-bloggerStephen Gordonhas a very informative post on the Canadian housing market.] My theory all along has been that the US housing bubble was widely misunderstood, and that if NGDP had kept growing at a 5% rate after mid-2008 ...
If the mortgage payout statement is prepared today, and if the current CIBC prime rate is 5.0%, here's how Martin estimates the prepayment charge to pay off the entire mortgage:Estimating the prepayment charge for a variable-rate closed mortgage Summary Amount Step 1: Start with the total...
Create an Instagram shop with prices in CAD for your Canadian target market segment. Recommend umbrellas and raincoats to your target audience in London. Flow Hydrationpersonalizes its ecommerce website by directing segments of its target audience toward location-specific microsites. ...
It is important to remember that overnight rates are only part of theinterest rateequation. As I write this, the five-year Canadian bond yield has had a much different path than overnight rates in 2023. Keep in mind that these rates move with the market, so they tend to move in advanc...
She says, “For instance, people trusted my recommendations for Canadian financial apps, but I might not have been successful as a Sephora affiliate." 2. Talk to product users and experts Consider interviewing people who use the product or service you’re promoting. Alternatively, create content...