Risk of a housing slump, rising loonie mar good news for Canadian economy
Bank of Canada governor Tiff Macklem had some optimistic comments when he met with reporters Wednesday following his latest Monetary Policy Report. But, as usual, the risks…
Tag: <span>interest rate</span>
11Articles
Bank of Canada keeps benchmark interest rate at record low
The Bank of Canada decided to keep its benchmark interest rate steady at a record-low 0.25 per cent on Wednesday. The central bank also said it would…
Payday lender lines of credit and instalment loans at 47% create debt traps, critics say
Patricia Edwards of Toronto wanted to help her two adult daughters when they fell behind on bill payments at the rented townhouse they share. She has few…
Little fear of rate hikes despite expected economic surge: Bank of Canada
What a difference a day makes in the outlook for the Canadian economy.Earlier this week, some economists were predicting that the Bank of Canada's Tiff Macklem would…
Alberta couldn’t sell bonds earlier this year, Kenney says, as he continues push for federal reform
As part of Alberta Premier Jason Kenney's push for Ottawa to recalculate its fiscal stabilization fund, he cited government bonds Sunday as a dire indicator of the…
Simple explanations for market ups and downs often prove unreliable: Don Pittis
At the beginning of last week, some Canadians managing their retirement nest eggs may have thought the market crash caused by the COVID-19 pandemic was pretty well…
Scotiabank profit falls 40% as bad loans more than double amid COVID-19
Scotiabank posted a profit Tuesday morning of $1.32 billion in the three months up to the end of April, a fall of more than 40 per cent…
Interest Rate Futures just began trading negative
interest Rate Futures just began trading negative - here is what this means, how negative interest rates would impact you, and how you could get paid to…
Bank of Canada makes emergency interest rate cut
The Bank of Canada has made an unexpected rate cut, cutting the central bank's benchmark interest rate by 50 basis points to 0.75 per cent.The central bank…
a Personal Loan
The holiday season is a time when everyone is in a hurry to buy gifts and hold large corporate or family gatherings. While we want to make…
Why CBN can’t cut interest rate now – Officials
Ifeanyi Onuba There are strong indications that the Central Bank of Nigeria may not reduce the benchmark lending rate anytime soon owing to the high inflationary pressure…