Wait a minute.. Record savings? Yup, that’s right.. Canadians are sitting on more cash than ever before. A record $75billion, according to a study published today by CIBC economists … Continue Reading Record Savings Levels! Canadians? I thought we had Record personal debt?
We’re well into January… and right about now, some of us are avoiding the mail for fear of seeing those holiday bills! Ok, so besides avoiding the mail, what’s the … Continue Reading Credit Card hangover? Make 2016 a painless year….
Last month, the US Fed Reserve Bank Chairperson, Janet Yellen, raised rates for the first time since 2006. Historically, Canada follows the US with rate movement.. However, times are … Continue Reading US Fed rate hike doesn’t mean Bank of Cda rate hike!
It’s that time of the year again.. The Banks have to report their annual profits.. And no surprise, the BIG SIX BANKS are at it again.. RBC reported a $10billion … Continue Reading BIG SIX BANKs report obscene RECORD $34billion in profits for 2015…and still complaining!