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 …
The latest Bank of Canada rate announcement has been released, and while interest rates and stimulus measures remain consistent, future economic expectations are cautiously optimistic.
Canadians are feeling much more confident about their jobs. A BMO poll shows that optimism is up by 11 per cent regarding company expansion, opportunities for promotion and increasing expectations for pay raises.
What’s the price of a good education? Try $84,000 – the average cost of sending a kid away to school for a 4-year undergrad. Of course, that’s not including the costs of grade and high school – and all the supplies, clothes, sports and lunches you’ll shell out for yearly.