Economics News
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...
Economics News
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...
Economics News
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?...
Economics News
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....
Economics News
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%....
Economics News
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...