No surprise this time around: The Bank of Canada is leaving the overnight lending rate at 0.5 per cent – where it has been since July of 2015. Read on to find out how this will impact fixed and variable rate mortgages.
Canadian businesses are expected to have a good year as conditions in the U.S. improve. But that doesn’t mean employers will be upping their ranks – a recent survey from Hays Canada finds many plan to keep hiring costs down this year.
Markets have surged in 2013, as economies continue to recover from the 2008 recession. Here’s how current economic data, like strong employment numbers, affect markets, and whether fears over U.S. QE tapering will come to fruition.
The CEO income gap refers to the difference between the earnings of the big boss and those of the lowest paid employee – a proposed U.S. rule may force companies to make this information public.
Real estate in Canada remains strong despite rising mortgage rates – how do we compare with global housing markets?
RBC has announced an increase in their fixed mortgage rates, to go into effect June 10. What are the economic factors that lead to fixed mortgage rate change?
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?
The decisions made on the U.S. Fiscal Cliff will affect economies all over the world. Fast action is needed to minimize the financial impact – and solutions that may have worked for the European debt crisis just won’t cut it for the world’s largest economy.
The U.S. election has come and gone, with Barack Obama re-elected for his second term. Now, attention can be turned to the looming fiscal cliff, and the measures required to avoid it. What is the fiscal cliff, and how will it affect the Canadian and global economy?
The U.S., for the first time since 1945, had zero jobs created in its economy in August. It has prompted President Barack Obama to make an emergency speech to Congress about his plan to create jobs and help the more than 14 million unemployed Americans get back to work. It’s called the “American Jobs Act,” and here is why it won’t work.