The question has been top of mind for many Canadians and people around the globe surrounding the state of the world. From climate change, instability in nations around the global financial concerns, inflationary pressures, supply chains, COVIDs impact on how we live and operate, and geopolitical concerns in nations around the globe. The world is
As we have all been waiting for the latest announcement by the Bank of Canada – which took place this morning. They went in aggressively deciding to rise the BOC (Bank of Canada) overnight lending rate by an additional 100bps or 1%. This rate is utilized by the banks to determine the rate to which
Something of interest for you today: Interest rates. With a combination of rising COVID cases & the fourth wave, normalization and steadying in the real estate sector & a 0.4% reduction in the economy in July Nationally and the GDP shrinking 1.1% in the second quarter on an annualized basis. In its statement, the Bank