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Category: FYI/Blog

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Hey, aren’t GICs supposed to be stress-free investments?

These are worrying times for people who put money into savings accounts and guaranteed investment certificates sold by subsidiaries of troubled Home Capital. Clients have pulled millions of dollars out of savings accounts from Oaken Financial and Home Trust, but GIC assets remained largely untouched as of early this week.

Please click the link below to see full article written featuring us:

http://www.theglobeandmail.com/globe-investor/personal-finance/household-finances/hey-arent-gics-supposed-to-be-stress-free-investments/article34872127/

Despite strong job creation and 2% inflation, Bank of Canada has room to hold rates: Don Pittis

Despite strong job creation and 2% inflation, Bank of Canada has room to hold rates: Don Pittis – Business – CBC News

Bank of Canada governor Stephen Poloz on Friday fulfilled a ceremonial role by unveiling a glamorous new $10 bill to celebrate the country’s sesquicentennial.

This week, Poloz will discharge an even more fundamental duty, announcing the policy that makes sure the fancy 10, and the rest of Canada’s money, retains its value.

To read full article please click on the link below:

http://www.cbc.ca/news/business/bank-of-canada-inflation-rates-poloz-1.4059113

Bank of Canada holds interest rate at 0.5%

Bank of Canada holds interest rate at 0.5% | Advisor.ca

The Bank of Canada is holding its benchmark interest rate at 0.5% and providing a deeper assessment of the risks associated with the big economic unknowns of a Trump presidency.

To read full article please click on the link below:

http://www.advisor.ca/news/economic/bank-of-canada-holds-interest-rate-considers-trump-risks-223479?utm_source=EmailMarketing&utm_medium=email&utm_campaign=Midday_Newsletter

Bank of Canada holds key interest rate steady again

Bank of Canada holds key interest rate steady again – Business – CBC News

The Bank of Canada has decided to keep its benchmark interest rate where it is, citing a possible slowdown of the economy.

While the economy gained steam through the last half of 2016, it predicts a slowdown ahead, which is why it has decided to keep its benchmark interest rate where it is for now.

To read full article please click on the link below:

http://www.cbc.ca/news/business/bank-of-canada-interest-rate-1.3885085


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