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Weekly Update for the week ending April 7, 2023

Items that may only interest or educate me …. Canadian economic stats, oil production cutbacks, American jobs cooling, but first …. Last Thursday, Statistics Canada reported the Canadian economy remains strong, adding 34,700 jobs in March, higher than the 12,000 jobs analysts predicted. Employment has been trending upward since September, with March being the seventh […]

Weekly Update for the week ending February 3, 2023

Items that may only interest or educate me …. US interest rates, European interest rates, Huge job growth int the US, Slowing Canadian GDP, Big tech earnings’ misses … As expected, in a unanimous decision by members of the US Federal Reserve System’s (Fed) Federal Open Market Committee (FOMC), they increased the US benchmark interest […]

The week ending September 9, 2022

Fractional shares…. As expected, the Bank of Canada (BoC) raised the benchmark interest rate in Canada by 0.75%, bringing the Canada’s benchmark interest rate to 3.25%, a 14 year high. The new rate is now above their target range of between 2% – 3%. The BoC said they will maintain their aggressive stance and the […]