Horizons has also reduced fees on a high-interest savings ETF
In addition to the rate cut, the central bank announced other emergency measures
The Bank of Canada (BoC) today maintained its target for the overnight rate at 1.25%, citing the growing uncertainty around trade. The bank rate is correspondingly 1.5%, and the deposit rate is 1%. In a press release, the central bank said global growth remains solid and broad-based, and it noted that U.S. government spending and […]
Strength of jobs market seals the deal
40% of those surveyed say that if interest rates go up much more, they are afraid they will be in financial trouble.
Despite a growing economy, the Bank holds steady because of soft investment and wages.
The Bank of Canada is keeping its trend-setting interest rate at 1%, even as the Canadian economy shows signs of a broadening recovery.
With inflation the sole monetary policy target in Canada, investors can't afford to ignore moves in the consumer price index.
Saving some money? If you’re European, it’ll cost you.
Prominent attorneys specializing in white-collar crime in London say they have gotten an influx of clients from the city’s financial sector in recent months, Bloomberg reports.