The final Bank of Canada announcement for 2023 has arrived. For the fifth time this year, the Bank of Canada has opted to maintain its overnight rate at 5%. Will this trend continue into 2024 and beyond until inflation is closer to their target of 2%? Many are making this prediction, however, only time and […]
Embark on a journey through Canada’s economic landscape as we explore the recent Bank of Canada interest rate hike. Discover its implications on homeownership and gather insights to weather these changes. This engaging video bridges finance and hiking in a way you’ve never seen before. Watch Now: Hello, Canada! Let’s have a chat. We know […]
Defying anticipation, the Canadian headline inflation accelerated at an annual pace of 4.4% in April, besting predictions of a 4.1% figure. As this news only came to light after the last Bank of Canada announcement (which occured on April 12, 2023), we explore their recent response on today’s June 7th press release from Ottawa, Ontario.
February 2nd, may have come and gone with Punxsutawney Phil not seeing his shadow earlier this year, forcasting an early spring. But the fun beloved tradition of the weather predicting animal was obviously wrong. Based on today’s Bank of Canada interest rate annountment increasing the key lending rate, it feels like Groundhog Day, where we […]
On the sidelines. Sitting by powerlessly, observing your beloved team get hammered by the opponents. Whether you’ve participated in games of any kind as a player or a spectator, you know how it feels. Shock, confusion, disbelief, anxiety, helplessness, and even anger over the loss is normal. Any range of emotions is understandable and even […]