Interest rate

Canada’s banks thriving on Q3 earnings boost

When taking a position on banks, this manager assesses financials’ financials

By Staff |October 12, 2017

2 min read

Monetary policy to be data dependent: BoC

“There is no predetermined path for interest rates from here.” That remark came from Bank of Canada Governor Stephen Poloz in a speech today that highlighted the central bank’s plan to carefully monitor economic indicators to decide on the direction of monetary policy. While growth in the second quarter far exceeded expectations, and showed the […]

By Staff |September 27, 2017

2 min read

What to watch this week at home and abroad

Here’s what to watch this week in the economy, both at home and abroad. Bank of Canada speech. Governor Stephen Poloz speaks on Wednesday in St. John’s, Newfoundland. His topic, “The meaning of data dependence: An economic progress report,” suggests he’ll provide insight on criteria for further rate hikes and their timing. Read: Inflation inches […]

By Staff |September 25, 2017

3 min read

What an interest rate rise would mean for prescribed loans

Effects on spousal and employee loans

By Doug Carroll |September 22, 2017

3 min read