In June, the Bank of Canada raised rates for the second time this year, putting the benchmark interest rate at 1.5%. How will rising rates affect your clients, particularly those with debt? What does the current environment mean for their retirement plans? We examine several issues and explain how to have the necessary but difficult discussions.
Debt in a time of rising rates
How will rising rates affect your clients, particularly those with debt?
- By: Staff
- June 17, 2022 June 17, 2022
- 10:05