Tag Archives: bank of canada

The State of the Economy – 2020 and Beyond

Past and future predictions Last year I predicted rough waters for 2020’s economy, and suggested 4 investments to protect against uncertainty. How did those suggestions work out so far? National real estate prices are +7% from last year. Year to date my silver stocks (WPM.TO) is +79%. Major telco stocks are down by about -3%. XCB.TO, an ETF… Read More »

Debt Leads to Growth – How Monetary Policies Work

By | 02/06/2015

How Money is Created For a country’s GDP to grow there needs to be economic expansion, which means people must earn and spend more money. But in order for additional money to exist somebody has to create it first. That’s where you and I come in. 🙂 Money is created whenever we borrow money from a bank. When we take out a… Read More »

Rate Cut

Today’s post is about something of interest to a lot of people. 😀 Earlier this week the Bank of Canada surprised just about everyone with an interest rate cut from 1.00% to 0.75%. The Canadian dollar dropped to the lowest it’s been in years. Over 20 economists were surveyed prior to the Bank’s bomb shell reveal and not a single one of them expected the… Read More »

Weekend News – Free Coffee

Thanks a Latte For all of next week there will be free coffee being served at participating McDonald’s restaurants in Canada. You can see their Facebook page for more detail 🙂 If you want to exploit other people’s caffeine addictions like I have, then consider investing in profitable coffee companies 🙂 I bought shares of Starbucks and Tim… Read More »