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Bank Rates
Money remains loose from Bank of Canada for June
Given all the gloom and doom, the Bank of Canada has decided it would be imprudent to raise their critical overnight rate (at least for this month). I think that for now, this is how… Read More »Money remains loose from Bank of Canada for June
Rates remain down (for now)
Our friends at the Bank of Canada Tuesday continued to keep interest rates down, but again the media is thinking that this may not last much longer. I believe that the following paragraph would be… Read More »Rates remain down (for now)
Stupid Mortgages in Canada
The CBC had an interesting article on how Canada is Tiptoeing Towards a Subprime debacle similar to the United States (but not exactly the same). I was skeptical, but I was also unaware that there… Read More »Stupid Mortgages in Canada
Carrying Minimum Balance for Free Banking
Does pinning down a minimum balance to get “Free Banking” really make any sense, when you can get free banking for free?
