Interest rates set by the bank of Canada
The Bank of Canada felt worried enough about the Canadian (and North American in general) economy’s fragile recovery that they decided to stop raising interest rates for now, keeping their key overnight rate at 1%,… Read More »Interest Rates Remain the Same
Inflation Drops a Little in August Our amigos over in Stats Canada published the latest CPI numbers yesterday and the rate is slowing a little, but not by much, dropping 0.1% year over year in… Read More »CPI Down a Little
Interest rates did sky rocket in 2010 after the recovery started, but to miniscule levels compared to the 80’s.
Gas Price Moderation Kicks In Even with oil gushing into the Gulf of Mexico, Gas prices moderating has caused the CPI increase year over year to slow down according to Stats Canada. The CPI increase… Read More »CPI Drops in May
Back in 2010 the Bank of Canada shot rates up 100%, but it was only a 1/4% actual rate increase. Yes a bit of fun click bait.
