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Canadian dollar

Canada close to recession

Martin Charlton / June 3, 2019

The Canadian economy is skating on the edge of a recession. We haven’t hit it yet, but it is about as close as you get without being in one.There have been more than a few forecasts suggesting Canada is currently in a recession. Technically, …

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Interest rates on hold

Martin Charlton / May 31, 2019

When the Bank of Canada issued its decision this week to stand pat on interest rates, it was largely what everyone expected. The Canadian economy is having a poor first half, but no need to lower rates as they feel things will improve in the second …

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Consumers hit hard in wallet

Martin Charlton / May 17, 2019

When Justin Trudeau came to power he made a lot of noise about looking after the middle class, particularly their financial or commercial interests. But in the years since he glibly trotted out those lines, his policies have done nothing but smack …

[Read more...] about Consumers hit hard in wallet

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