Tracking of economic numbers is always a few months behind real time as it takes about three months to accumulate all the information. So, the latest …
bank of canada
Interest Rates More Likely to Go Down than Up
The indicators are starting to point in the same direction: that interest rates are more likely to fall than to rise. That is something of a contradiction of …
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Household debt shrinking
For the past few years we’ve heard successive finance ministers and the Bank of Canada governor cautioning Canadians on the amount of debt they carry. They …
Interest rates on hold
When the Bank of Canada issued its decision this week to stand pat on interest rates, it was largely what everyone expected. The Canadian economy is having …