Bank of Canada drop rates 75 basis points

[ken0042]

Originally Posted by HalifaxDrunk

The mortgage also pays 1 air mile for each dollar of interest paid.

Airmile, as in from www.airmiles.ca ?

Where is that from?

[Bertuzzied]

Wow am I out of the loop. I guess none of the banks are offering HELOCs at prime anymore. They are all prime +1% except for ATB which is prime +.5%. And with ATB it is only for your principal residence and cannot be used for a rental.

I guess i won't be leaving Scotiabank any time soon.