Tag Archives: Canadian
Canadian Update
Canada’s economy has been accelerating due to increased consumer spending and a rebound in business investment. Consumer spending driven by vehicle purchases and real estate investment has lifted the economy, along with improved business investment. The economy and its growth trend now appear to be on a more secure path. As of May 31, 2017,…
- Categories Fixed Income
- Other Tags
Canada: Bonds Recover as Central Bank Leaves Rates Unchanged
The Bank of Canada left its key interest rate unchanged at 0.5% last Wednesday, Sept. 9, 2015. The message from the central bank was that it could be “considerable time” before there is significant recovery from the collapse of oil prices that pushed the economy into a technical recession. The last rate cut was back…
- Categories Fixed Income
- Other Tags