The U.S. Federal Reserve has announced its intention to sell off its huge store of mortgage-backed securities – a sign the nation is rebounding from the 2008 financial crisis. How will this impact Canada’s own economic recovery? Read on for Rubina’s breakdown. Continue reading »
Tag Archives: financial crisis
4 Tips: How to Pay Your Mortgage After a Job Loss
Could you pay your mortgage after a job loss? A recent survey found 4 in 10 Canadians won’t be able to. Here’s how to protect your ability to pay in a worst-case scenario. Continue reading »
Should The Bank of Canada Inflation Target Be Changed?
The Bank of Canada inflation target is an important way to measure our economy’s health – but there’s recent talk of changing the target altogether. Does this spell bad news for the economy? Read on to find out. Continue reading »
Greece Shuts Down EU Austerity Measures
After a snap election on Jan. 25, Greece’s new leadership is eschewing EU austerity measures. What does this mean for Greece, and globally? Continue reading »
How Do Global Bond Markets Affect Canada?
Canada has been considered a ‘safe haven’ nation for investors as the world’s economy continues to be unstable. How do the bond markets of nations around the world impact our own economic growth? Continue reading »
Spotlight On Mortgages: May 3, 2013
Earlier this week, outgoing Bank of Canada Governor Mark Carney spoke on the lessons learned for monetary policy makers from the financial crisis. Let’s take a look at how the Banks of Canada’s actions have protected us from the recession – and the lasting effects on our housing markets and overall economy. Continue reading »
Mark Carney: Banks Must Rebuild Consumer Trust
In his recent speech, Mark Carney pointed to the challenges facing the recovering global economy – namely a growing distrust in banks. He states that banks should focus on winning back the trust of consumers, as the effects of the 2008 recession and bad banker behaviour leave their mark. Continue reading »