Serving GTA Proudly
Serving GTA Proudly
Yield on 5-year government debt has dipped below 1.5%, its lowest level since 2017 Pete Evans · CBC News · Posted: Mar 26, 2019 4:00 AM ET | Last Updated: an hour ago A woman fills out a form as part of a mortgage application. The cost of borrowing to purchase a home is declining…
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Bank of Canada raises interest rates for first time in 7 years The Bank of Canada is hiking its key interest rate for the first time in seven years, joining the U.S. Federal Reserve in starting the process of undoing nearly a decade of easy money. The bank raised its overnight lending rate to 0.75…
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Canada’s economy blows away forecasts, but many economists are calling it a ‘fake beat’ OTTAWA — The Canadian economy outperformed expectations in the final three months of 2016 by generating growth at an annual rate of 2.6 per cent. Statistics Canada’s latest report on real gross domestic product says the biggest contribution to the fourth-quarter increase…
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RBC boosts dividend after profit surges 24% to record $3 billion, beating expectations Royal Bank of Canada reported record net income of more than $3-billion for the fiscal first quarter, beating analyst expectations, while raising dividends by five per cent. Canada’s biggest bank by market capitalization reported diluted earnings-per-share of $1.97, up $0.39 compared to a…
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