News Archive

Benjamin Tal kept an optimistic tone during his talk at the annual CAAMP conference, saying the recession is over, business bankruptcies are down, and key interest rates in Canada could remain low well into next year depending on when U.S. rates rise.

A number of Canadians, with the deal of a lifetime on a variable-rate mortgage, are switching over to a more expensive fixed-rate product and paying the extra freight.

Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates conditional commitment to hold current policy rate until the end of the second quarter of 2010

Tim Cestnick is managing director at WaterStreet Family Wealth Counsel and author of 101 Tax Secrets for Canadians.

Your friends at the big banks would like to have a chat with you...

Many major central banks are having their money-printing presses run around the clock - not Canada

The Great Consensus is coming undone.

Bank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent...

Globe and Mail Update February 23, 2009 The recent federal budget included the establishment of an independent task force to make recommendations on financial literacy, among other issues. Our organization, the Investor Education Fund, applauds this development and looks forward to working with such a committee. In the past nine years, we have...

The Bank of Canada today announced that it is lowering its target for the overnight rate by one-half of a percentage point to 1/2 per cent.

The Canadian economy should emerge from recession during the second half of the year as stimulus measures take effect, setting the stage for interest rate hikes in a year, a Reuters poll showed on Wednesday.

The quarterly economic survey of 20 economists, conducted in the days before the Bank of Canada made...

The Canadian economy is going down hard and so are interest rates, and to what are their lowest levels in half a century, and for one key rate for consumers and businesses, the lowest level ever.
The Bank of Canada, finally conceding that the Canadian economy is "entering a recession" slashed its...

Jan. 20 (Bloomberg) -- The Bank of Canada slashed its key interest rate to the lowest since the institution was founded in 1934 and signaled that more cuts may be needed to jolt the economy out of recession and stabilize credit markets.

Governor Mark Carney cut the target rate on overnight...

Some years ago when I worked at the libertarian Cato Institute, we used to label any new hire who had not yet read "Atlas Shrugged" a "virgin." Being conversant in Ayn Rand's classic novel about the economic carnage caused by big government run amok was practically a job requirement. If only...