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Economic Insights from Dr. Sherry Cooper
The Bank of Canada has Spoken. What's Next? Governor Tiff Macklem indicated that persistent oil and petroleum-product prices would push the Bank's updated inflation forecast significantly higher. Canada's energy-exporting economy gets an income and investment boost from expensive oil, which could cushion some of the damage elsewhere. That made the policy calculation more ...
Continue ReadingHow to Prevent Auto Theft
Unfortunately, auto theft is commonplace these days, with organized crime rings leading the charge, generally to export vehicles overseas. Protect your vehicle with these tips: Park your vehicle in a locked garage, or if you must park outside, be sure the area is well-lit.Keep your vehicle locked with windows closed.Take ...
Continue ReadingEco-Friendly Floors
Choosing new or replacement eco-friendly flooring is one of the emerging trends among house and condo owners. Eco-friendly flooring is made from, or with, more sustainable resources, such as materials that don’t deplete or permanently damage the environment (such as toxic laminates), or reusable or recyclable materials. Here are some ...
Continue ReadingEconomic Insights from Dr. Sherry Cooper
The Federal Open Market Committee, the Bank of Canada's equivalent of the Governing Council, announced last week that it would raise the overnight federal funds rate by 25 basis points to 3.75%-to-4.0%. The key question is whether it's a one-off or the start of something deeper and longer. We suspect the ...
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