Turmoil across the pond – a majority of British voters have thrown their support behind a Brexit following a referendum on the subject on June 23rd. We take a look at just how the UK’s departure from the European Union would affect Canada.
Spain is the latest EU nation to be bailed out – to the tune of 100 billion Euros. While the news caused an increase in investor confidence, what are the implications of such a move for the European economy – and Canada’s as well? Is this a signal that Europe’s financial woes should be increasingly considered a “global problem”?
Breaking news! RBC and TD drop their 5-year mortgage rates by 10 basis points, effective today! How has global economic uncertainty caused a renewed demand for Government of Canada bonds? Read on to find out!
It’s good to be Canadian. While the U.S. housing market crumbled – to a certain degree bringing the global economy along with it, after some slight hiccups, the real estate markets in most Canadian cities have continued a slow and even climb. But only a fool would think that the Canadian economy is not heavily influenced by events in the U.S. and Europe. Here, we review what various economic soothsayers from around the world predict 2012 will have in store for the global economy.