BNN - Recovery zooms, rate hike widely expected

Posted by on Tuesday, June 1, 2010
Reuters  May 31, 2010
Canada's economy expanded at the fastest clip in more than a decade in the first quarter, fueling expectations that Tuesday the Bank of Canada will become the first G7 country to raise interest rates since the start of the recession.

Statistics Canada said Monday that consumer spending, a hot housing market and a return of business investment helped boost gross domestic product by 6.1 percent at an annual rate in the quarter, the biggest jump since the fourth quarter of...


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Canadians think a retirement of their dreams is out of reach

Posted by Jackelyn Ford on Friday, April 30, 2010

https://secure.globeadvisor.com/servlet/ArticleNews/story/cnw/20100118/C9032

News from Canada NewsWire
TORONTO, Jan. 18 /CNW/ - Nearly all Canadians (90 per cent) feel they will have enough income to cover their necessities in retirement but only one-in-four Canadians (25 per cent) feel they will have enough money to fulfill their retirement dreams, according to the 20th Annual RBC RRSP Poll.

The poll found that most retired Canadians (75 per cent) didn't know how much they spent in their fir...


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About These Articles


Jackelyn Ford These articles have been chosen because they provide a macro view of the financial world. This wide scope of articles can then be applied to aid your own personal financial situation. E.O.E.