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inflation

Bank of Canada Holds Interest Rate at 5% as Economy and Corporate Earnings SlowBank of Canada Holds Interest Rate at 5% as Economy and Corporate Earnings Slow
  • Blog

Bank of Canada Holds Interest Rate at 5% as Economy and Corporate Earnings Slow

On September 6, the Bank of Canada announced it was holdings its key interest rate at 5%. In a prepared…

2 years ago
TSX Poised for New Record in 2024 and Could Outperform S&P 500TSX Poised for New Record in 2024 and Could Outperform S&P 500
  • Blog

TSX Poised for New Record in 2024 and Could Outperform S&P 500

The TSX did better than its American counterparts in 2022 but its been a different story in 2023. U.S. stocks…

2 years ago
Interest Rates Are at the Highest Level: Are More Rate Hikes to Come?Interest Rates Are at the Highest Level: Are More Rate Hikes to Come?
  • Blog

Interest Rates Are at the Highest Level: Are More Rate Hikes to Come?

Canada’s inflation rate peaked at 8.1% in June 2022. A year later and its at 3.4%. That’s a big drop,…

2 years ago
Strong Retail Sales Points to July Interest Rate Hike by Bank of CanadaStrong Retail Sales Points to July Interest Rate Hike by Bank of Canada
  • Blog

Strong Retail Sales Points to July Interest Rate Hike by Bank of Canada

The Bank of Canada has raised interest rates nine times since the start of 2022, from 0.25% to the current…

2 years ago
Bank of Canada Unexpectedly Raises Interest Rates While the Federal Reserve Pauses It’s Rate HikesBank of Canada Unexpectedly Raises Interest Rates While the Federal Reserve Pauses It’s Rate Hikes
  • Blog

Bank of Canada Unexpectedly Raises Interest Rates While the Federal Reserve Pauses It’s Rate Hikes

Depending on who you talk to, stocks are either going way up or way down. Right now, the trend is…

2 years ago
Bank of Canada Hikes Interest Rates to the Highest Level in 22 YearsBank of Canada Hikes Interest Rates to the Highest Level in 22 Years
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Bank of Canada Hikes Interest Rates to the Highest Level in 22 Years

The Bank of Canada surprised some when it resumed its monetary tightening policy, increasing its benchmark interest rate by 25…

2 years ago
  • Blog

Is the TSX Going to Hit Record Levels in 2023?

There’s still a month left in the year but analysts are providing guidance for how they believe the Toronto Stock…

3 years ago
  • Blog

Stocks Rip Higher as U.S Inflation Falls More Than Expected in October

Wall Street finally had reason to cheer after data from the U.S. Labour Department showed that inflation cooled in October…

3 years ago
  • Blog

Dow Jones Industrial Average Has the Best October Ever, But the Pain Isn’t Over

October is known on Wall Street as being a bear-market killer. And that maxim held true this year with the…

3 years ago