by GIC Wealth Management | Oct 27, 2021 | Uncategorized
Media Relations Ottawa, Ontario October 27, 2021 The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank’s extraordinary forward guidance on...
by GIC Wealth Management | Sep 8, 2021 | Uncategorized
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance on the path for the overnight rate....
by GIC Wealth Management | Dec 18, 2020 | Uncategorized
“The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance, reinforced and...
by GIC Wealth Management | Aug 26, 2020 | GIC Wealth Management in the Media
ROB CARRICK, The Globe and Mail Steady interest in guaranteed investment certificates driven by uncertainty on rally’s length, expert says In a normal stock market rally, GIC broker Brandon Brot typically sees a drop-off in client investment flows. Not this time. The...
by GIC Wealth Management | Aug 17, 2020 | Investments
DAVID ASTON, The Toronto Star Your fixed income investments create an uncomfortable dilemma for you these days. On the one hand, with so much pandemic-driven uncertainty about your stock market investments, you need a healthy chunk of relatively safe forms of fixed...