inflation

inflation

Bank Interest Rate

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

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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

The Canadian Economy in 2012

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It’s not news to report that 2011 was a tough financial year on the international front. China, this decade’s promised capitalist wave-maker, saw its economic growth continue to cool, despite inflation coming (relatively) under control. Europe started and ended the year a mess, with the bottom expected to fall out … Read More

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