Christine – Page 157

Remember When They Told Us That Deficit Spending Didn’t Matter?

They were wrong – the excessive deficit spending in good times robs us of the financial ammunition we need to offset the negative economic impact of the novel corona virus, which leaves us with one bullet – lower interest rates. And that won’t be...

Stock markets plunge on new coronavirus angst and U.S. election uncertainty

TORONTO – North American stock markets were on edge again Thursday, plunging amid new concerns about the spreading of novel coronavirus and uncertainty over the upcoming U.S. presidential election. “There’s clearly still a lot of uneasiness happening...

Bank of Canada makes first rate cut since 2015

Our friends over at Green Mortgage Team sent us this Op-Ed on how the recent BoC rate drop will affect you and mortgage rates in general. ~Ed Today, the Bank of Canada dropped the overnight lending rate by a whopping 0.5%. This is the first rate cut the Bank of...

We’re So Rich

Somebody should tell the BoC to stop worrying about the economic impact of COVID19. After all, when Teck walked away from Frontier and 7,000 jobs and tens of billions in gov revenue Canadians shrugged it off. We’re so rich we can add $25 billion to federal debt...

The High Cost of Emotions

“Don’t panic” is the prudent advice when investment markets drop dramatically but somehow when it comes to issues like climate change we’re surrounded by people telling us to do the opposite – after all, it’s an...

Remember When They Told Us That Deficit Spending Didn’t Matter?

Stock markets plunge on new coronavirus angst and U.S. election uncertainty

Bank of Canada makes first rate cut since 2015

We’re So Rich

The High Cost of Emotions

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