As a university student in southern Ontario, Kathleen Cassidy was looking for a way to optimize her budget. While shopping at her local grocery store, she found coupons and thus began a…
Tag: bank of canada
Canadians are stressed by rising interest rates. Here’s what you can do – National | Globalnews.ca
The Bank of Canada’s aggressive interest rate hikes aren’t just on the minds of economists and homeowners, as a recent survey shows that the uncertainty surrounding the rate hike is pushing Canadians’…
Why a retiree feels it’s important to part ways with work and tips for retirees looking to sell stocks and buy GICs during the market downturn
After suffering a heart attack in 2019, Greg Demuynck started thinking about retirement.JASON FRANCON Content of the weekly Globe Retirement newsletter. Register Click here. Greg Demuynck retired at the end of last…
Backlash intensifies against interest rate hikes as economists predict 75 basis point hike on Wednesday
The Bank of Canada is set to announce another big rate hike on Wednesday to curb soaring inflation amid growing criticism that the central bank’s aggressive rate hikes will cause a painful…
Bank of Canada expected to announce another interest rate hike amid recession fears – National | Globalnews.ca
Even as warnings of a potential recession grow louder, the Bank of Canada is expected to announce another significant interest rate hike on Wednesday, bringing the bank one step closer to the…
Jagmeet Singh says there’s ‘no merit’ to Bank of Canada’s planned interest rate hike
Ahead of another sharp interest rate hike expected later this week, NDP Leader Jagmeet Singh wonders if the current list of inflation-fighting prescriptions has become unnecessarily punitive for average Canadians. In a…
Real Estate Influencers, Unjust Recession in Canada and Crisis in the UK: Must-Read Business and Investment Stories
Canadians who have been able to maintain a reserve of cash are better prepared for the impending recession.Denis Pepin/Getty Images/iStockphoto Being overtaken by a week that got away? Here’s your weekly roundup…
Mark Carney says fiscal discipline is ‘imperative’ as Canada heads into recession
Mark Carney seen at a press conference in London on December 16, 2019.Kirsty Wigglesworth/Associated Press Former Bank of Canada Governor Mark Carney has said Canada is headed for a recession and fiscal…
As rate hikes continue, is it time to lock in your variable rate mortgage?
With the Bank of Canada expected to announce another outrageous rate hike next week, a growing number of variable rate mortgage holders are asking themselves a dreaded question: is it time to…
Recession Expectations Widespread, Inflation Outlook Remains Elevated, Bank of Canada Surveys Show
The Bank of Canada on Monday released a pair of quarterly surveys showing a sharp decline in business and consumer confidence in the economy as interest rates rise.Sean Kilpatrick/The Canadian Press The…