Market Trends, Buying & Selling

Dated: August 7 2025

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Thursday, August 7th, 2025

Market Trends, Buying & Selling

Understanding the Bank of Canada’s overnight lending rate: What it is and why it matters

Interest rates can shape the financial lives of Canadians in powerful ways. Whether it’s the monthly cost of a mortgage or the return on a savings account, most interest rates can be traced back to one key figure: the Bank of Canada’s overnight lending rate. In recent years, this benchmark has moved beyond financial circles and become a more frequent topic in everyday conversations.

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Home Improvement

Tips for keeping your home cool during hot summer months

As temperatures rise, it’s tempting to rely solely on air conditioning to stay comfortable—but it’s not your only option. Whether you’re trying to cut back on energy costs, reduce your environmental impact, or simply get more out of your cooling system, there are plenty of smart, AC-free ways to keep your home feeling comfortable.

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In case you missed it...

Overnight lending rate remains at 2.75% among ongoing trade dispute

Lawn love: How to grow (and keep) a beautiful yard

Canadian home sales keep climbing in June while prices stabilize: CREA

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