High Yields North of the Border
Why Canada? The country came through the housing crisis and financial crisis much better than the United States. Canada is filled with natural resources, and with gold and silver making new highs has certainly helped. Our northern neighbor also has a huge petroleum industry, the second largest oil reserves in the world. It is a [...]
Do you agree with Rob: Time to get serious about debt?
Originally published on June 1st, Rob Carrick, Globe and Mail personal finance columnist wrote it was “time to get serious about debt“. Do you agree? Looking at historical Bank of Canada (BoC) lending rates, I think he has a good message here… Prior to the last financial crisis (in 2008), prime rates were close to [...]
Oops!…They did it again – but are you surprised?
By on September 9, 2010
Mark Carney raised interest rates for the third straight time yesterday. They (the Bank of Canada) did it again, but are you surprised?As the Globe and Mail reported in one of their articles, unlike earlier Bank of Canada (BoC) statements this summer, yesterdays decision didnt mention debt problems in Europe but instead targeted the U.S. [...]
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