How Hike in Interest Rates Could Affect Preferred Shares?

The Bank of Canada governor, Stephen Poloz, will announce the hike in the interest rates very soon. The investors in the first issue of the preferred shares of the year will see... Read more »

Canadians Top Priority Is to Reduce Debts: CIBC Poll

The Canadian people want to reduce their debt loads in 2018. An annual opinion survey made by CIBC reveals that 25% of the Canadians want to lower their debts or to end... Read more »

Better Prospects for Edmonton Economy in 2018

The year 2017 was a good year for the Alberta economy. It saw a high after two consecutive years of recession. There is a prediction from leading economists that the Edmonton city... Read more »

Chagger Concedes Just Soon After Business Tax Backlash

Canadian minister of small business and tourism recently recognized that Liberals need to do their homework in a bit better way prior proffering the series of controversial alterations to tax code. It... Read more »

What Is The People’s Reaction About The GOP Tax Bill? Here What They Think

There are some of the businesses, advocacy as well as trade groups that are having high concerns with it. However, others consider it as a tax plan which will boost the company.... Read more »

Unemployment Falls Again in Canada in August Due to Part-Time Work

The unemployment rate fell 0.1 percentage point in August to 6.2%, its lowest level since October 2008. According to Statistics Canada, this new drop in unemployment in the country is mainly due... Read more »

PayPal Launches Cashback Credit Card

Online payment company Paypal has introduced a new credit card in the United States. The company’s US customers will soon be able to pay for their purchases in shops via their PayPal... Read more »

Canadians’ Credit Card Debt Could Be Trouble In Next Recession

Unprecedented household debt levels will give Canadians a rude awakening on their unpaid credit card bills if another economic downturn materializes in the coming years, according to a new report issued Wednesday.... Read more »

Mortgage Lines Of Credit Exposing Canadians To Out-Of-Control Debt

A growing market, mortgage lines of credit (MCH) are increasingly exposing consumers to the risk of over-indebtedness, according to a report released Wednesday by the Financial Consumer Agency of Canada (FCAC). Titled... Read more »