r/PersonalFinanceCanada - I'm Erica Alini, author and personal finance reporter for The Globe and Mail. I'm hosting an AMA today at 3 PM EDT about The Bank of Canada's biggest interest rate increase since 1998 and how consumers can mitigate the impact on their own wallets.

I'm Erica Alini, author and personal finance reporter for The Globe and Mail. I'm hosting an AMA today at 3 PM EDT about The Bank of Canada's biggest interest rate increase since 1998 and how consumers can mitigate the impact on their own wallets.I'm Erica Alini, personal finance reporter for The Globe and Mail and author of the bestselling book Money Like You Mean It, Personal Finance Tactics for the Real World.

Today The Bank of Canada has announced its biggest interest rate increase since 1998: a full percentage point. Which borrowers will feel a gouge, and what can be done to mitigate the impacts? AMA on the interest rate increase and how consumers can mitigate the impact on their own wallets.

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