Source: Loan Digest (loandigest.net)
globebusiness Inflation hasn’t been the problem over the last 25 years, it’s the stagnation of wages and income and the record level of indebtedness resulting from the low incomes.
globebusiness Why raise interest rates throwing Canadians out of their homes when inflation is dropping? That is not responsible Fiscal Policy - what’s the actual motivation behind this? liberal donors profits in the finance industry perhaps
globebusiness Hey, the Canadian banks only made $42 billion in PROFIT last year according to Huffington Post. We need to cut them some slack. Also, how are we going to pay for healthcare and infrastructure?
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Inflation rate ticks up, but Bank of Canada likely to keep interest rates steady come DecemberStatistics Canada said the annual inflation rate edged up to 2.4 per cent from 2.2 per cent in September
Source: nationalpost - 🏆 10. / 80 Read more »
Inflation Slows Ahead Of Probable Bank Of Canada Rate HikeThe Bank of Canada aims to keep inflation within a target range of one to three per cent. If inflation is slowing why would we raise interest rates?
Source: HuffPostCanada - 🏆 61. / 53 Read more »
Optimism running high in Canada’s business community: Bank of CanadaThe bank’s poll of senior managers from about 100 firms found that overall business sentiment in Canada was running at near-record levels globebusiness Hmm yeah, going really well 🤔 globebusiness Seriously?😀 globebusiness More fake news brought to us by the Truegrope government
Source: globeandmail - 🏆 5. / 92 Read more »
Corporate Canada’s optimism running at near-record highs, Bank of Canada survey findsOutlook up for sales growth, foreign demand and business investment I guess we have to hold our noses and thank Trump. When global corporations are happy that means good things for the populations of various countries including the ability to view more varied television entertainment and accredited news sources. Corporate Canada’s optimism running at near-record marijuana highs. Soma Industries has free enterprise on the floor.
Source: nationalpost - 🏆 10. / 80 Read more »
Global economy strong enough for stimulus to be ‘steadily withdrawn’, says Bank of Canada’s Stephen PolozGlobal economy strong enough for stimulus to be 'steadily withdrawn’, says Bank of Canada’s Stephen Poloz Guess why they implemented the stress test. To fucking stress the test!!!!😂 It’s time to end the culture of begging and needing free stuff. Start making important life choices.
Source: nationalpost - 🏆 10. / 80 Read more »
Canadians should get used to idea of 3% interest rates, says Bank of Canada’s Stephen PolozSignals that future hikes could arrive sooner than previously expected Ouch! Time to sell! Only issue with Bank of Canada assessment is the lack of meaningful wage growth for lower income earners. Debt accumulation is not because of overspending or poor budgeting this time. Higher income earners have more flexibility in their budgets to adjust to rate changes this time Thanks Trudeau...ya Dope!!
Source: nationalpost - 🏆 10. / 80 Read more »
Bank of Canada’s rainbow-and-unicorns outlook doesn’t add up for investorsMartin Pelletier wonders if Stephen Poloz and the Bank of Canada are looking at the same economy he is
Source: nationalpost - 🏆 10. / 80 Read more »
Oil is only the darkest of the clouds obscuring Bank of Canada’s rate pathKevin Carmichael: Central bank’s break from hikes may last into spring as the list of negative forces facing our economy grows Because the red lights are now flashing everywhere. I dare this guy to raise rates next opportunity Thanks progressives and PMJT. The Liberals governing policies are driving our economy towards a recession. New imposed taxes and increasing existing. Poor spending policies with little regard toward balanced budgets. Imposing more regulations on a wounded energy industry. Mediocre achievement on trade.
Source: nationalpost - 🏆 10. / 80 Read more »
Watch FP Live on Bank of Canada’s first big decision of 2019Join us Wednesday, Jan. 9 starting at 1 p.m. for breaking commentary and analysis on the Bank of Canada’s rate decision
Source: nationalpost - 🏆 10. / 80 Read more »
Watch live analysis on Bank of Canada’s interest rate holdLive now: Watch the Financial Post's analysis of the Bank of Canada's interest rate decision today and what it means for the economy This is what you get for killing the Canadian oil and gas industry and its going to get worse. Ahh no more transfer payments for Quebec, too bad so sad
Source: nationalpost - 🏆 10. / 80 Read more »