Who Wins and Who Loses in the Event of a Rate Hike from the Central Bank?

Original article via National Post. Click here to read.

Another month of solid growth for the Canadian economy in April and upbeat survey results from the Bank of Canada have strengthened expectations that the central bank will soon begin increasing interest rates for the first time in seven years.

Higher borrowing costs would have far-reaching implications for average Canadians, rate-sensitive industries and the broader economy. Below is a breakdown of some potential winners and losers.

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