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  • Blog

U.S. Federal Reserve Holds Interest Rates, Expects Just One Cut in 2024

The U.S. Federal Reserve said on June 12 that it was holding its key interest rate unchanged at approximately 5.5%,…

2 years ago
  • Blog

The Bank of Canada Cuts Interest Rates for the First Time in 4 Years

The Bank of Canada cut its key lending rate by 25 basis points to 4.75%, the first rate cut since…

2 years ago
  • Blog

Analysts Lift Targets for TSX and S&P 500

The performance of Canada’s main index, the TSX, and its U.S. counterparts, the S&P 500 and Nasdaq, has taken Bay…

2 years ago
  • Blog

Canada’s Inflation Cools, Pointing to June Interest Rate Cut

After dealing with decades-high inflation, Canadian consumers are beginning to see the effects of the Bank of Canada’s aggressive interest…

2 years ago
  • Blog

The TSX Is in Record Territory

When the economy is booming, it’s not uncommon, or always newsworthy, if the stock market hits a new record high.…

2 years ago
  • Blog

Canadian GDP Loses Steam, Slows to Just 0.2%

Persistently high interest rates are taking a big bite out of the Canadian economy. In February, Canada’s gross domestic product…

2 years ago
  • Blog

Canadian Stocks Could Outperform U.S. Stocks in 2024

While most investors probably look to the major U.S. exchanges for the biggest annual gains, the TSX could still outpace…

2 years ago
  • Blog

Canadian Inflation Inches up to 2.9% in March, Raises Bets of June Interest Rate Cut

According to Statistics Canada, the country’s inflation rate inched up to 2.9% in March, juiced by higher gasoline prices. That’s…

2 years ago
  • Blog

Canadian Dollar Tumbles to Five-Month Low Against U.S. Dollar

Over the last two years, the Bank of Canada and the U.S. Federal Reserve have taken drastic steps to cool…

2 years ago
  • Blog

Is the Canadian Economy Going to Rebound in the Back Half of 2024?

It looks like the Bank of Canada will get what it wanted, a soft economic landing, in which growth has…

2 years ago