Yes the Bank of Canada yesterday confirmed no rate increases in their key overnight rate., keeping it at 1% for September 2011. No big whoop, right? It’s been like this for a few years now,… Read More »Loose Money Continues in Canada (Sept 2011)
I will even state that 50 cent per litre gasoline in Canada is entirely possible. How can I make this outlandish a statement? First a lot of Canada’s gasoline price is actually TAX so we… Read More »$2 Per Gallon Gasoline IS Possible
Friday Stats Canada announced their Monthly Consumer Price Index numbers for July 2011 and the year ending July 2011, and while the numbers are better than they have been, they still continue to run high… Read More »Inflation Slows in July but Still High(ish)
Stats Canada published on Friday the June 2011 Consumer Price Index numbers (for Canada), and they were better than the previous month, but still kind of high (if you use the Bank of Canada’s thresholds).… Read More »Inflation Slows in Canada (June 2011)
Interest Rates and the Deathly Hallows The Bank of Canada decided against increasing it’s overnight rate from it’s existing rate of 1%, which means at least one more month of loose money morals in… Read More »Bank Rates Hover in Canada Again
