Happy New Year 2022 and #MoneyTalk
Happy New Year 2022? Can we even say that yet? After 2021, maybe let’s just say, “We hope for a Happy New Year” and leave it at that.
Over the year we have seen wave upon wave of COVID. Now we are seeing Inflation coming on strong, and natural disasters monthly. All in all a wonderful year.
I have been unable to write much due to work and family issues. I have learned a great deal about Dementia and how the Quebec Legal system works, which has been, enlightening.
Some Numbers to End 2021
| Inflation (year over year November 2021) | 4.7% â¬†ï¸ |
| Bank of Canada Overnight Rate December 24 th | 0.25% |
| Unemployment Rate (as of November 2021) | 6.0% |
| Real GDP By Expenditure (Q3 2021)(quarterly change) | 1.3% |
| The population of Canada (Est Q4 2021) | 38,436,447 |
| CIBC current prime rate | 2.45% |
| BMO current prime rate | 2.45% |
| Scotiabank prime lending rate | 2.45% |
| TD prime lending rate | 2.45% |
| Tangerine prime lending rate | 2.45% |
Inflation is the scary one. So far, no reaction with Interest Rates, but they are promised some time in 2022.
COVID19 Data Canada
Click here to find an up to date graphic from the Government of Canada
| Total Cases | 1,945,754 |
| Total Deaths | 30,131 |
The number of cases is much higher from this time last year, but the number of deaths has doubled.
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