Posts Tagged ‘interest rates’

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CIBC: Recovery will be Difficult

Share Canada’s economy faces a bump on the road on its path to recovery notes a new forecast by Canadian Imperial Bank of Commerce (CIBC). The CIBC report says that the economy will grow by a strong 3 % annualized in the first half of this year as factories work to replenish depleted inventories and [...]


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When Should I Sell My House?

Share One of the most important questions you can ask yourself in life is when the right time to sell your house is. There are various reasons as to when you should sell your house. In some cases, the time to sell your house depends solely on your financial situation at the time, or even [...]


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Lending Cost Going up in Late 2010

Share The Royal Bank of Canada (RBC) expects that Canadians being hit by higher interest rates in the second half of 2010 and in 2011. RBC economists note that the Bank of Canada will be among the group of central banks to more off floor low rate with the Canadian bank’s overnight rate finishing 2010 [...]


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Consumers Not Big On Spending Large

Share On December 1st, 2009, RBC established a new monthly benchmark index- the most comprehensive consumer index in Canada, which described Canadian consumers’ assessment of the economy and their personal financial situation. The RBC Canadian Consumer Outlook report found that 62% of Canadians expect to see the Canadian economy improve over the next year, whereas [...]


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