Canadian Personal Finance Blog

Archive for July 7th, 2009

Save Local Television?

The CRTC announced some new rules to help support local television stations and Rogers has announced that because of these new rules, my cable bill may go up as much as $1. At first I was a little annoyed to hear this, but then I realized that Rogers has raised my bill without warning me before, so this is no surprise to me as well. If this means my local television stations survive, I think I am OK with another $1 gouge out of my wallet (a month that is).

Now if I could get Rogers to lower my Internet access bill, that would be great (although there are now hearings about Internet throughput throttling as well).

Will Interest Rates Be Going Up?

I keep getting e-mails from a few accounts asking:

1. Are interest rates going lower?
2. Are interest rates going up?
3. Is it a good time to invest?

Most of my regular readers would know (sic) the answers to these are: (1) I don’t know (2) I don’t know (3) It depends. Not sure if this is a new set of “scam” e-mails or what, but asking me about specific investment or economic issues is not going to get an answer out of me, because I just don’t know. Ask me in a year whether now was a good time to invest, I can tell you with certainty then.