In a press release on Wednesday, the US Federal Open Committee cited current economic conditions – low rates of resource utilization and a subdued outlook for inflation over the medium run – as reasons to keep a low federal funds rate at least through late 2014. This follows an August 2011 announcement that interest rates… Read More
Don’t take chances on your retirement. Make your RRSP contribution before the deadline on Feb. 29, 2012.
“Your Life Is What Your Thoughts Make It” -Marcus Aurelius TSX LOWER ON U.S. TRADE DATA, EUROZONE WORRIES North American stock markets closed lower Friday as France lost its AAA credit rating and traders worried as Greece’s bond swap talks stalled. Economic data also depressed markets after the U.S. Commerce Department reported the… Read More
“Cheers To New Year and Another Chance for US to Get It Right” -Oprah Winfrey Jobs Grow But Unemployment Edges Up Canada’s economy began creating jobs again in December after two consecutive months of declines, but it was not enough to keep the unemployment rate from edging up a notch to 7.5%. Statistics Canada said… Read More