The Bank of Canada felt worried enough about the Canadian (and North American in general) economy’s fragile recovery that they decided to stop raising interest rates for now, keeping their key overnight rate at 1%,… Read More »Interest Rates Remain the Same
Back in 2010 the Bank of Canada shot rates up 100%, but it was only a 1/4% actual rate increase. Yes a bit of fun click bait.
What is the found money trap ? When you find money, or receive a gift, what should you do with it? Most folks would not say PAY DOWN DEBT, but you should.
If you think that prisoners of debt is a 21st century issue, think again, and the NFB will show you what happened in the 1980s , which seems similar.
Remember when things were better? Were they really? Nostalgia really ain’t what it used to be.
