Thursday, October 18, 2018

Bank of Canada Interest Rate Release

On April 12, 2017, the Bank of Canada announced its policy to maintain the overnight interest rate target at a steady 0.5 percent. There...

IMF has Positive Outlook for Canada’s Economy in 2017

Last Monday, the IMF improved the outlook for the Canadian Economy - which will be welcome news after a sluggish period since late...

Thaler’s Nobel Prize Winning Work in Behavioural Economics

It’s one of two major assumptions in economics, and taught within the first week in most 101 classes: rationality. How do we define rationality?...

Unemployment Rates Fall in Canada and U.S

July’s labour market figures in Canada show a healthy situation with unemployment rate falling to 6.3%, a decrease of 0.2%, according to Statistics Canada....

Bank of Canada: Rate Hike July 2017

For the first time in 7 years, the Bank of Canada has chosen to raise the overnight rate target from 0.5% to 0.75%....

The Federal Reserve decision on interest rates

This Wednesday, the Federal Reserve announced that they will not be increasing the federal funds rate at this time. The Federal Reserve downgraded the...