Friday , 21 September 2018


Tag Archives: Canadian interest rates

Is Canada Highly Susceptible To A Financial Crisis? Perhaps But Not Likely – Here’s Why

Canadian households are heavily leveraged and with their level of debt in proportion to income now hovering at record levels, they are vulnerable to a range of economic shocks that could create a financial crisis. I am of the opinion, however, that the range of variables at play discussed in this article would mitigate any possibility of a meltdown of Canada's financial system. Let me explain.

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Canada’s Economy Is In Trouble – Here Are 6 Reasons Why

A number of factors don’t bode well for Canada’s economic expansion in the near-term and for the valuation of the Canadian dollar in particular. GDP growth in 2012 was down to 1.8% from 2.6% the previous year. The nation’s central bank is holding the overnight rate at 1% and will likely maintain this level for some time to come. Words: 440; Charts: 7

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