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Bank of Canada maintains overnight rate target at 1/2 per cent

Available as: PDF The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit…

Canada and Mexico both set to capitalize on current opportunities, Bank of Canada Governor Poloz says

Available as: PDF Canada and Mexico share economic traits that leave both well placed to face global challenges and capitalize on opportunities, Bank of Canada Governor Stephen S. Poloz said…

Retirement saving can be short-term pain for long-term gain

Are you saving for your retirement? I’m not talking about having enough money to sail through the Caribbean, or have a home and cottage too. I’m talking about enough money…

Attempt to regain lost PC Points becomes complicated: Roseman

Perry Jensen took out a mortgage with PC Financial back in 1998. His ex-wife worked at Loblaw’s (the parent company). He collected PC points with each mortgage payment. He also…

Bank of Canada Review – Spring 2017

Bank of Canada Review – Spring 2017

11 May 2017 Available as: PDF Some suggest the global economy is facing a fourth industrial revolution. Bank researchers discuss the possible implications of digitalization on the economy. This issue…

Bank of Canada to participate in Doors Open Ottawa

10 May 2017 The Bank of Canada is pleased to announce its participation in Doors Open Ottawa 2017. On Sunday, 4 June, we invite the public to join us at…

How to stop paying the Tax Man too much: Vaz-Oxlade

People are always telling me why they can’t save. In the next breath they tell me about the tax refund they’re getting. I ask, “Why would you give the government…

How a $20,000 Mexican vacation turned into a fight over $500: Roseman

When you buy a product or service, you agree to a set of terms and conditions that you expect to be honoured. I often hear about companies that fail to…

How to pick a financial adviser

Choosing a financial adviser is a big decision, yet few investors realize that in most provinces there’s a lack of specific, harmonized regulation of professionals who provide that type of…

Blame It on the Machines?

Available as: PDF Introduction In the 150 years since Confederation, the average income per person in Canada has increased about 20-fold after adjusting for inflation—all because we have adopted better…