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Category: FYI/Blog

Five Financial resolutions for 2016, and how to (really) make them happen

“In the wake of a holiday season involving lots of eating and spending, it makes sense that our top New Year’s resolutions tend to focus on fitness and finances. Resolutions are a good first step, but without a specific plan, they can be hard to maintain for 12 months. With that in mind, here are five financial resolutions for 2016, and some tips to help you achieve them.” – Financial Post

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fed rate hike a positive for Canadian Economy

The U.S. Federal Reserve signalled its confidence in a resurgent U.S. economy with a historic hike in interest rates – the first since the world plunged into the worst financial and economic crisis since the Great Depression.” – The globe and mail

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Investors brace for a Fed rate hike

“Treasury yields rose on Monday, as the expectation that the Federal Reserve will raise interest rates at the end of its two-day meeting, starting Tuesday, led investors to sell U.S. government bonds. ” – Market watch To see full article please click on the link below

Bank of Canada Chief Has Warned Negative Interest Rates Are Coming

“The Bank of Canada’s chief has finally said what we had been patiently waiting for over the past several months: admission that Europe’s experiment with negative rates is about to cross the Atlantic. From Market News” –
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Bank of Canada keeps key rate at 1/2 per cent as economy faces ‘complex and lengthy adjustment’

“Despite some obvious rough patches in the economy, the Bank of Canada appears content to ride over them for the next few months and perhaps a lot longer. ‘For now, there was no need to change either rates or the message, but instead a time of stand pat and see if the world unfolds as expected in 2016.'” – Avery Shenfeld. To read full article please click on the link below: