Steve Ladurantaye, Tara Perkins, and Bill Curry The housing market that led Canada out of recession is now so hot that Ottawa is talking about doing something to cool it off, a move economists say carries risks for the economy. Fuelled by record low interest rates, residential real estate prices have gained 20 per cent this […]
Cure for Housing Market Carries Risk Read More »
Tim Cestnick You’ve got to love home ownership. I remember buying my first home. The real estate agent asked me how much I could afford, we both had a good laugh, and then we moved on from there. I did buy a home then. I recall that at first I wasn’t sure where the property
How Your Home Sweet Home Can Help Shelter You From Tax Read More »
Rob Carrick, Globe and Mail Your friends at the big banks would like to have a chat with you. Bank of Nova Scotia invites you to stop by one of its branches for a second opinion on your investments. “It’s worth a talk, ” Canadian Imperial Bank of Commerce is saying about your finances, while
What to Look for in a Chat with the Bank Read More »
OTTAWA — Bank of Canada Governor Mark Carney’s options were quickly running out. The economy was still in deep decline, interest rates were already at their lowest ever and he couldn’t take them much lower without bumping up against zero. Like many central bankers these days, he turned to unconventional means. But instead of fully
Central Banking Crisis Read More »
OTTAWA — The Great Consensus is coming undone. By raising and lowering short-term interest rates to keep inflation moving at a targeted pace, many central bankers and academics thought they had finally found a monetary policy solution to conquer the booms and busts of the business cycle. After such failures as the gold standard and
A Rethinking of Monetary Policy Read More »
Globe and Mail Update February 23, 2009 The recent federal budget included the establishment of an independent task force to make recommendations on financial literacy, among other issues. Our organization, the Investor Education Fund, applauds this development and looks forward to working with such a committee. In the past nine years, we have learned that
Schools Have Failed on the Financial Literacy Front Read More »
