Bank Interest Rate

Bank of Canada Increases Interest Rate. First Time In Seven Years

This week the Bank of Canada raised its interest rates from 0.50% to 0.75%.  The decision explained in full in the Bank Of Canada Official Statement was not entirely unexpected and is a good sign for the economy of Canada as a whole. Although it may cause an uncomfortable pinch … Read More

How Much Money You Need to Buy Happiness

How much money do you need to be happy? According to economists, $36,000. Anything after that won’t increase your happiness. All around the world, people report increased satisfaction with life, until they hit about $36,000, provided you adjust for purchasing power. After that, satisfaction dips, and no amount of money … Read More

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