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Home CHCH News Canada Breaking down interest rates and their impact on your budget Breaking down interest rates and their impact on your budget Posted:October 28, 2026 | 8:24 PMBy: Tessa Bennett By:Tessa Bennett Updated: October 28, 2026 | 8:24 PM Make us a preferred source on Google × Share this story... Interest rates are in the headlines all the time, but what do they actually mean for the economy and our wallets? Economist Jim Stanford explains how interest rates work and why they matter for your budget. Make us a preferred source on Google Previous CHCH News Bank of Canada raises its benchmark interest rate to 2.5% Next CHCH News How technology transformed Canada’s oil industry
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The business behind music’s biggest hits