I have always expected this will be the direction Canada is heading – The government will keep interest low and keep printing money. Image Source Is there a problem here?
The Boss decided interest rate will stay a.k.a. Money Is Almost Free. Yeah, right … Free. Dream on. The bank will still charge you a few percents even the rate falls to sub zero region ie. below 0%. As a matter of fact, based on today’s circumstances, what else can the government do? If they raise the interest […]
As house prices rise, Fitch warns Canada may have to act again Fitch warns on housing Along with a new report today showing Canadian home prices still rising comes a warning from a credit rating agency that the government may have to intervene in the housing market yet again. Image Source Should Government intervene in […]
According to the latest numbers, Canada’s inflation rate heats up but remains low Canada’s inflation rate rose to 0.7 per cent in May, but remains well below the level that the Bank of Canada and other policymakers like to see … Inflation in the Great White North is barely one percent per year, or you may say prices […]