Regardless of which side of the political fence you sit on, Donald J. Trump will be sworn in tomorrow morning as the 45th President of the United States of America. And the fact of the matter is that his inauguration will be a historical moment for all – even us Canadians, as many worry that Trump’s attitude could hurt our economy.
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The Bank of Canada is holding its benchmark interest rate steady at 0.5 per cent. The rate has been held there for more than a year. The Bank says there’s still too much uncertainty to raise rates – particularly due to the new U.S. president being sworn in this week.
For the first time this year and for the second time in almost a decade, the U.S. Federal Reserve is raising its key interest rate. The central bank announced it is increasing its benchmark rate by 25 bases points, to a still-low range of…
Bank of Canada Rate Update – December 7, 2016 As expected, the Bank of Canada is holding its benchmark interest rate at 0.5 per cent. The scheduled announcement today was in line with expectations. “Following a very weak first half of 2016, growth in the third quarter rebounded strongly, but more moderate growth is anticipated …
If you woke up on Wednesday morning and were surprised by the U.S. presidential election results, you’re not alone. We’re taking a look at the effects that Trump leadership could have on the Canadian economy.
Around the world, interest rates are still experiencing record lows and that’s causing bond yields to suffer. Read on to find out what this could mean for Canadians.
As 2016 winds down, it appears more and more that U.S. Fed chair Janet Yellen will announce an interest rate hike before we ring in the new year. How would this impact Canadians? Read on to find out more.
Statistics Canada says our debt-to-disposable income ratios are at an all-time high, but it’s not all bad news. Read on to find out the factors influencing these numbers on how you can narrow the gap.
Want to invest in a GIC south of the border? Not only will you be taxed when it comes time to cash out, but it also comes with a rate exchange risk. Here’s what you need to know.
If you think you’re paying higher bank fees these days, you’re not alone – and those fees are going up in the midst of multi-million dollar profits for Canada’s big five banks. Here’s what you need to know.