This week’s episode was an information-packed one about the current state of our economy. All we hear about on TV are interest rates and inflation. People also look to the bond market to get an idea of where interest rates are going, but does this always paint the entire picture?

Have a listen to the episode to get the full story! Interest rates may be on the way up, but if the Bank of Canada raises them too fast, they could have even more problems to deal with. So until the variable rate continues to close the gap between it and the fixed rate, we still see it as the more attractive option. And remember, Cannect can lock you into a fixed rate in the blink of an eye when the time comes.

Happy Holidays from all of us here at Cannect!