Tag Archives: economy

Where Should Investors Turn if Canada Enters a Recession?

How Should Canadians Invest During a Recession

With many economists and analysts still predicting Canada will enter a recession in 2024, investors may be wondering what they should do? Capitulate, wait on the sidelines, or get involved? What Are the Odds of a Soft-Landing Recession? First things first, the long-promised recession has not yet materialized but most believe it will. The Bank […]

Bank of Canada Holds Interest Rate at 5% as Economy and Corporate Earnings Slow

Bank of Canada Holds Interest Rate at 5%

On September 6, the Bank of Canada announced it was holdings its key interest rate at 5%. In a prepared statement the country’s central bank said the cooling job market and slowing economic growth were two reasons why it opted to pause its benchmark lending rate. The Bank of Canada said, however, that should inflationary […]