The Bank of Canada kept its benchmark interest rate unchanged at 1.75% Wednesday, despite a few dark clouds appearing on Canada’s economic horizon. To read entire article click here. Click here for another article in regards to the interest rate decision.
A Republican congressman has introduced a bill to move the U.S. from a citizenship-based taxation system to a residency based one – and it’s receiving support from both Democrats and Republicans. To read the complete article click here
Please click below for a message from Robin Muir, Managing Partner, in regards to the market volatility. Market Volatility
The Bank of Canada walked back some of its enthusiasm about the nation’s outlook in a decision that kept interest rates unchanged, saying the economy may have more capacity than previously thought to grow without fueling inflation. The Ottawa-based central bank kept its overnight benchmark rate at 1.75 percent, reiterating it expects to eventually remove… Read more »
Questrade Wealth Management Inc. of Toronto has agreed to make a voluntary payment of $2.9 million to settle allegations that it failed to identify and respond to conflict of interest when it sold eight of it’s ETFs to Toronto-based Wisdom Tree Asset Management Inc. in July 2017, the Ontario Securities Commission (OSC) announced Tuesday. To… Read more »