Oaken Financial - Oaken Blog

How the benchmark rate can affect your investments

By Oaken Financial November 09, 2022

The benchmark rate is higher now than it has been in a decade and could continue to climb. read more

Bank Of Canada: Interest Rate April 24

By Scott Boyd April 22, 2019

Recent employment and economic progress reports suggest that the strong growth recorded by the Canadian economy during much of 2018 could be slowing. read more

How Bank Of Canada Manages Interest Rates

By Scott Boyd April 04, 2019

Bank of Canada interest rate announcements always attract significant media and public attention. That’s because interest rates have an impact on all Canadians. read more

Will Canada Join The Negative Interest Rate Club?

By Scott Boyd April 11, 2016

In discussing its recent decision to hold the benchmark lending rate steady at 0.5 percent, Bank of Canada Governor Stephen Poloz did not rule out the possibility of implementing a negative interest rate if the economy doesn’t show increased strength in the coming months. read more