Canadian Personal Finance Blog

Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View

Archive for July 3rd, 2007

Gross Domestic Product: No Growth in April

Tuesday, July 3rd, 2007

Ho hum, guess we all took a break between March and April but the Economic Activity indicators from Stats Canada caught us, and now we know we didn’t do anything more in that time!

Wholesale trade and slower oil and gas sales are the culprits, but still interesting to see that things are not as hot as they were. Will this stop the Bank of Canada in their interest rate hike fervor? Don’t think so, sorry folks.

The table at the end of the Stats Canada posting outlines nicely what industries are still powering ahead in the economy.

On the investing side of things, if you held RIM about a year ago and decided to not look until now, that was a good piece of financial thinking, because the Technology Titan is now at $220 Cdn up from $72 a year ago (yup, tripling your money). Did I buy any? Nope, I am confident enough in my own ineptitude to say I didn’t, hope some of you did, and remember to TAKE YOUR PROFITS!

More on this topic (What's this?)
EIS Newsletter #2 - July, 2007
Canada – The Best Stock Market in the World
Jim Rogers' Outlook for 2009
Read more on Investing in Canada, Gross Domestic Product, Oil Prices at Wikinvest

Humor: Frugality is good

Tuesday, July 3rd, 2007

But don’t lose your Cell Phone!

I found this one on John Chow Dot Com, but it is so appropriate for some folks. I laughed very hard, and then wondered whether that could happen to me (on a much smaller scale). A real posting later today, but enjoy the humor for now.

www.financialwebring.com