The Bank of Canada Governor, Stephen Poloz, has been full of surprises since he took on his current role. With a second 0.25% rate hike today in consecutive BoC meetings, … Continue Reading A 2nd Bank of Canada rate hike surprises many.. what’s it mean?
The Bank held their third, of eight, scheduled meetings this week. As widely predicted, the Bank of Canada announced that it is holding the key rate steady. While noting that … Continue Reading Enjoy the low rates..No rate hike with Bank of Canada
Looking at this pic, aren’t you happy to be living in Canada? Ok.. back to the article… September 7th is the sixth of eight scheduled meeting dates for 2016. … Continue Reading US election year… low rates today, but higher rates tomorrow.?
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!
You gotta love the media. Yesterday, the Bank of Canada Governor gave a speech and announced a change in contingency plans should we fall into another financial crisis… like the … Continue Reading Negative interest rates by the Bank of Canada… No, not likely.