While preparing the Weekly Updates, I was increasingly writing about the Bank of Canada and the US Federal Reserve, the central banks for Canada and the USA, respectively. I knew they were central banks and they set the interest rates for their respective nations but that was about it. I soon discovered their actions had […]
Tag: Bank of Canada
The week ending June 24, 2022
Inflation – what is it good for? In the last few weeks, inflation has made its way from the Business section of the newspaper to the front pages. Almost weekly we hear the price of gas and groceries has gotten more and more expensive. The price of gas is up nearly 50% in the last […]
The short week ending April 14, 2022
Tax double whammy On April 7, the Canadian government introduced the latest federal budget. Once again, rather than living within its means or taking advantage of natural strengths to fund their pet projects, the government committed to spending more taxpayer money than they take in. Rather than debate the pros and cons of the various […]