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Canada's Central Bank Boosts Policy Rate 25bps, Quantitative Tightening Endures
Get the latest updates on the Bank of Canada's recent interest rate increase and its ongoing quantitative tightening strategy. Learn how these changes reflect global economic conditions and their potential impact on Canada's robust economic growth.
The Tax Advantages of Discounted Bonds Over GICs
Discover the hidden potential of discounted government bonds and learn how they can boost your after-tax returns beyond GICs in non-registered and corporate accounts.
Fed Raises Interest Rates Again, Aiming for Stability
In a bid to achieve economic stability and a 2% inflation target, the Federal Reserve has raised the key federal funds rate for the 10th consecutive time, reaching a 16-year high. Learn about the impact on the economy and the central bank's commitment to returning inflation to its target level.
S&P Downgrades BC's Credit Rating, Province Remains on Par with Saskatchewan as Highest Rated
British Columbia's credit rating was recently downgraded by S&P Global Ratings from AA+ to AA, largely due to the province's 2023 budget.
Bank of Canada Maintains Overnight Rate
The Bank of Canada today decided to leave the overnight lending rate unchanged at 4.5% and signalled a continuation of quantitative tightening.
Government of Canada Releases $491B Budget, Deficit Projected at $40B
The budget projects program spending to reach nearly $491 billion in the next fiscal year, along with the deficit set to reach $40 billion.