For the first time in seven years, the Bank of Canada has raised interest rates. With Canadian household debt at record levels, this rate increase of 0.25 per cent is seemingly small but will impact your household budget, especially if you have a lot of debt or live paycheque to paycheque.
The Economic Planning Board (EPB) is a volunteer organization, representing one of five Central Institutions under the Ismaili Council for Canada, established to promote a better quality of life for the Ismaili Muslim Community through Economic Development. EPB has a national board as well as six regional boards (British Columbia, Edmonton, Prairies, Ontario, Ottawa, Quebec & Maritimes) which deliver local programmatic activities to those regions.