Expect more surprises from BoC
On Wednesday, the Bank of Canada cut its overnight rate target for the first time since Sept. 2010. The rate’s now 0.75%.
- January 22, 2015 September 13, 2019
- 09:47
On Wednesday, the Bank of Canada cut its overnight rate target for the first time since Sept. 2010. The rate’s now 0.75%.
Less than two-thirds of Canadians are confident about their financial knowledge, according to Statistics Canada’s Canadian Financial Capability Survey. And that figure hasn’t changed since 2009, when it was 60%, said Financial Literacy Leader Jane Rooney at an Economic Club event on Dec. 10. She added the preliminary results of this year’s survey show savings […]
Financial, resource and discount consumer stocks will lead equity markets in 2014, said André-Philippe Hardy at the Empire Club of Canada’s annual luncheon Thursday in Toronto.
The tremendous growth of ETFs over the past decade has coincided with a surge in the development of many new indices.
In the four weeks following the Greek and French elections, global markets were sent on a roller coaster ride. And now, anxiety over the fate of the eurozone has intensified as investors focus on the upcoming second election in Greece, which takes place on June 17.
Investors remain conservative for the short term but expect improved returns over the next decade, according to a Franklin Templeton global investor sentiment survey conducted earlier this year, which polled more than 20,000 investors in 19 countries.
Recently, the Financial Consumer Agency of Canada added a resource to its website that will help parents manage their new monetary responsibilities.
When it comes to managing their cash flow and finances, Gen Y has a lot to think about. Paying down student loans isn’t their only priority; saving for a home and the future also top the list of to-dos for young Canadians.
After an impressive rally in global stock markets during the first quarter of 2012, the majority of Canadian investment advisors remain bullish on equities over the next few months.
The majority of corporate executives (75%) question whether their senior executive teams possess the appropriate mix of skills to generate growth for their companies and seek out global opportunity in the coming year, according to the latest executive survey by The Korn/Ferry Institute.