The lack of “money sense” among Canadian youth has been an item of discussion and growing concern across the nation for some time now. In response, the Ontario government recently announced a pilot project that puts a focus on financial literacy within the Grade 10 curriculum. The pilot is aimed at revamping the current mandatory careers studies course by integrating…
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.
As expected, the Bank of Canada is holding the overnight lending rate at 0.5 per cent – where it’s been since July 2015. Read on for the Bank’s revised forecast for the Canadian economy.
Global bond yields are increasingly below 0% – but there is speculation they could rise soon in response to the U.S. Fed’s liftoff. Here’s what investors should know.
Like the Bank of Canada, the U.S. Federal Reserve controls American interest rates in order to stimulate the economy. They didn’t make a move to change rates in their latest announcement, but markets are still reacting. Here’s why – and how it could affect your Canadian cost of borrowing.
Recent developments in China have investors panicking and dumping shares, leading to a big bear market. Despite big losses, it’s important to stick to your strategy. Barry Choi shares his tips for weathering a downturn.
Could today mark the long-feared Grexit? As Greece defaults on its IMF loans and risks removal from the Eurozone, concerns arise over the global economic impact. Here’s what you need to know.
More drama is unfolding in the Eurozone. Will Greece run out of cash as it nears the April debt deadline? What what will be the impact on global and domestic bond investors?
Will Greece leave the Euro? As the nation’s new prime minister challenges the austerity conditions placed on their bailout, it’s increasingly unclear what’s in store for Europe’s overall economy – and how trade partners like Canada will be affected.