Canadian Loonie
Personal Finance

Canada and the Loonie Just Got Some Great News

It looks like Canadian investors can enjoy a sigh of relief: the U.S. Federal Reserve signaled today that it wouldn’t raise rates. It also introduced an increasingly cautious approach by cutting the number of rate increases expected in 2017 and 2018. The long-run interest rate forecast was also reset lower to 2.9% from 3%. Why is this such a big […]

Featured Investing Personal Finance

How to Invest When Interest Rates Rise

Fixed income is considered by most investors to be the cornerstone of a well-constructed portfolio, usually through investment-grade bonds with laddered maturities. For more than 30 years, this has worked well, rewarding investors with a steady stream of income and well-preserved capital. But we now find ourselves at a well-covered inflection point of ultra-low returns […]

News

N.S. Payday Loans Under Microscope

The Nova Scotia Utility and Review Board is taking another look at the way payday loan companies do business and will examine the issue at hearings scheduled to begin Monday in Halifax. The board will determine whether the companies are charging too much to borrow money. In Nova Scotia, they can charge up to $31 […]

Personal Finance

How to Get a Bridge Loan?

Can banking get any more complicated? Hey man, you have no clue.  But in fact, clients can make banking and the loan industry complicated: At first, somebody wants to buy a house but doesn’t have any cash available for a down payment. So, banks create mutual funds to help him save. Then, this same individual […]