Interest rate

Decorative pattern

Market Insights

Coxe sees hot assets for cold turkey market

Kicking a bad habit is always painful. Anyone who has given up smoking knows the challenges. Now imagine quitting a habit that has propped up the global economy: incredibly lax monetary policy. Think it will be easy? Renowned commodities analyst Don Coxe says it will be like giving up heroin. Recounting the use of heroin […]

By Staff |April 11, 2011

3 min read

Decorative pattern

Economic Indicators

Bank of Canada holds the line

The Bank of Canada has held the line on interest rates, maintaining the trendsetting Bank Rate at 1.25%. “The global economic recovery is proceeding at a somewhat faster pace than the Bank had anticipated, although risks remain elevated,” the Bank said in a statement. Both the U.S. and Europe are recovering, while some emerging markets […]

By Steven Lamb |January 18, 2011

2 min read

Decorative pattern

Economic Indicators

“Debt diet” starts today

This morning’s announcement by the Finance Minister is the start of a government program to put Canadians on a “debt diet”, according to CIBC World Markets. While this may remove some liquidity from the market, it should make economic growth more sustainable in 2011. “Canada’s economic mix has been the polar opposite of the U.S., […]

By Steven Lamb |January 17, 2011

2 min read

Decorative pattern

Economic Indicators

Higher income OK with their debt

Here's some news to reassure Mark Carney: nearly two thirds (64%) of higher income Canadians plan to reduce their debt levels over the coming 12 months.

By Steven Lamb |December 14, 2010

2 min read