Search found 1999 matches
- 18 Mar 2024 15:06
- Forum: Financial News, Policy and Economics
- Topic: Inflation
- Replies: 988
- Views: 153486
Re: Inflation
^ Yes indeed!
- 17 Mar 2024 02:57
- Forum: Financial News, Policy and Economics
- Topic: Inflation
- Replies: 988
- Views: 153486
Re: Inflation
Thanks P_I and Joebaba for your replies and confirmations.
- 15 Mar 2024 15:33
- Forum: Financial News, Policy and Economics
- Topic: Inflation
- Replies: 988
- Views: 153486
Re: Inflation
The current finance minister doesn't seem to understand what most people would reason the intent and meaning of 'fiscal restraint'.
- 14 Mar 2024 19:24
- Forum: Community Centre
- Topic: Pi Day
- Replies: 36
- Views: 2338
Re: Pi Day
^^ Thanks P_I for the background info - had no idea!
- 14 Mar 2024 19:12
- Forum: Financial News, Policy and Economics
- Topic: Inflation
- Replies: 988
- Views: 153486
Re: Inflation
You're right. Let see if I can find a tutorial on how to post links from articles posted on my TDW account without giving away my ID (???).
Really not sure how that works, not that tech savvy. Any guidance will be appreciated.
Really not sure how that works, not that tech savvy. Any guidance will be appreciated.
- 14 Mar 2024 11:01
- Forum: Financial News, Policy and Economics
- Topic: Inflation
- Replies: 988
- Views: 153486
Re: Inflation
Major North American stock indexes slipped on Thursday as hotter-than-expected producer prices data likely muddied bets around the timing of the Federal Reserve’s first rate cut and high-flying chip stocks extended their losses.
A Labor Department report showed the Producer Price Index (PPI) rose 0.6% month-on-month in February, compared with a 0.3% increase expected by economists polled by Reuters. It rose 1.6% in the 12 months to February, versus an estimated growth of 1.1%. [The Globe and Mail/ TD Market News]
- 12 Mar 2024 12:10
- Forum: Financial News, Policy and Economics
- Topic: Inflation
- Replies: 988
- Views: 153486
Re: Inflation
Still sticky in the USA.
Canada reports in one week.
https://www.bls.gov/cpi/In February, the Consumer Price Index for All Urban Consumers increased 0.4 percent, seasonally adjusted, and rose 3.2 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.4 percent in February (SA); up 3.8 percent over the year (NSA).
Canada reports in one week.
- 11 Mar 2024 15:56
- Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
- Topic: Housing Market 2024
- Replies: 21
- Views: 2143
Re: Housing Market 2024
^ Some details: Alberta maintained its status as the province with the fastest-growing rents, with total average asking prices up 20 per cent annually last month to reach $1,708. British Columbia and Ontario posted the slowest growth in February, with annual increases of 1.3 per cent and one per cent, respectively. But the provinces remain Canada's most expensive for renters, with total average asking rents of $2,481 in B.C. and $2,431 in Ontario. On a municipal basis, the largest cities in those two provinces also remain the most expensive major cities to live in Canada for renters. The average asking price for a one-bedroom unit in Vancouver last month was $2,653, down 1.1 per cent from a month earlier, though still 0.5 per cent higher th...
- 11 Mar 2024 15:54
- Forum: Property: Owning, Renting, Managing, Investing and Mortgaging
- Topic: Housing Market 2024
- Replies: 21
- Views: 2143
Re: Housing Market 2024
Anew report says the average asking price for a rental unit in Canada was $2,193 per month in February, marking a 10.5 per cent jump year-over-year and the fastest annual growth since September 2023.
The data released Monday by Rentals.ca and Urbanation, which analyzes monthly listings from the former's network, shows the average monthly cost of a one-bedroom unit in February was $1,920, up 12.9 per cent from the same month in 2023. The average asking price for a two-bedroom was $2,293, up 11.3 per cent annually.
The report says asking rents in Canada have increased overall by a total of 21 per cent, or an average of $384 per month, from two years ago, just before the start of interest rate hikes by the Bank of Canada.[The Canadian Press]
- 07 Mar 2024 14:13
- Forum: Community Centre
- Topic: Nurse Practitioners / Physician Assistants
- Replies: 90
- Views: 2222
Re: Nurse Practitioners / Physician Assistants
Visit to my cousin at Brampton Civic Hospital with initial diagnosis of advanced cancer in colon, kidneys and pelvic bone.
Five days now in ER. Another WTF moment.
Five days now in ER. Another WTF moment.
- 07 Mar 2024 14:05
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: BMO Investorline
- Replies: 1268
- Views: 196516
Re: BMO Investorline
Likewise.
- 07 Mar 2024 02:26
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: BMO Investorline
- Replies: 1268
- Views: 196516
Re: BMO Investorline
^ Not yet. Any day now ...
- 06 Mar 2024 19:08
- Forum: Financial News, Policy and Economics
- Topic: Federal Budget 2024
- Replies: 20
- Views: 1174
Re: Federal Budget 2024
he cost of housing in Canada is outrageous and overall a huge negative to the future of the country. But as a homeowner, I don't care that much to make it a big voting issue for me. Since the older generation tends to own their homes and make up the voting bloc, you can see how very little will change going forward. In my neighborhood, and I suspect many others in the future where the houses have become unaffordable, we are seeing, that instead of an owner selling, they are converting them to rental homes with two units (one up and one down) and collecting rent instead of a sale. The latest city bylaws allow anything. This results in a wholesale change in an otherwise nice neighborhood. Cars, traffic, street parking, etc, etc. My neighborh...
- 06 Mar 2024 18:45
- Forum: Under the Mattress: Protecting Your Money
- Topic: High interest savings, GICs and MMFs (2024)
- Replies: 179
- Views: 14420
Re: High interest savings, GICs and MMFs (2024)
I'll go that it's a spectrum matter, that is, it's inscrutable to totally random.No one has been able to determine how TING determines who gets offered what for how long. It's either inscrutable or totally random.
- 06 Mar 2024 18:36
- Forum: Financial News, Policy and Economics
- Topic: Bank of Canada [policy rates]
- Replies: 26
- Views: 3745
Re: Bank of Canada [policy rates]
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. ... The Bank continues to expect inflation to remain close to 3% during the first half of this year before gradually easing. Governing Council decided to hold the policy rate at 5% and to continue to normalize the Bank’s balance sheet. The Council is still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation. Governing Council wants to see further and sustained easing in core inflation and continues to focus on the balance between demand and supply in the economy, inflation expectations, wage growth, and ...
- 05 Mar 2024 16:05
- Forum: Under the Mattress: Protecting Your Money
- Topic: High interest savings, GICs and MMFs (2024)
- Replies: 179
- Views: 14420
Re: High interest savings, GICs and MMFs (2024)
Re: Tangerine lottery special offers for our household members this month (so far):
5.25% until 30 June, 4.25% until 31 July, no offer for others nor applicable for any joint accounts ( ).
Phone call did not alter the offers.
5.25% until 30 June, 4.25% until 31 July, no offer for others nor applicable for any joint accounts ( ).
Phone call did not alter the offers.
- 04 Mar 2024 13:56
- Forum: Financial News, Policy and Economics
- Topic: Federal Budget 2024
- Replies: 20
- Views: 1174
Federal Budget 2024
OTTAWA — Finance Minister Chrystia Freeland will present the federal budget on April 16, as cost-of-living issues continue to dominate Canadian politics. "Our economic plan is about building more homes, faster, making life more affordable, and creating more good jobs," Freeland said in a news release on Monday. The spending plan is coming at a time when high interest rates are putting a damper on the economy and ramping up fiscal pressure on the Liberal government. At the same time, the political cost of inaction on housing could be high, as rents skyrocket across the country and homeownership remains out of reach for many Canadians. Conservative Leader Pierre Poilievre has mounted a fiery attack on Prime Minister Justin Trudeau ...
- 03 Mar 2024 13:41
- Forum: Under the Mattress: Protecting Your Money
- Topic: 5-year laddered GICs
- Replies: 29
- Views: 1230
Re: 5-year laddered GICs
Count me in for 5 year GICs. About 50% of our fixed income portfolio, which is all now in registered accounts.
- 02 Mar 2024 00:54
- Forum: Taxing Situations
- Topic: Tax Instalments
- Replies: 940
- Views: 103072
Re: Tax Instalments
Reminder: first installment for 2024 due March 15th.
- 02 Mar 2024 00:36
- Forum: Under the Mattress: Protecting Your Money
- Topic: High interest savings, GICs and MMFs (2024)
- Replies: 179
- Views: 14420
Re: High interest savings, GICs and MMFs (2024)
^ Those rates now better what TDDI & BMOIL offers.
- 29 Feb 2024 22:37
- Forum: Community Centre
- Topic: RIP 2024
- Replies: 32
- Views: 2546
Re: RIP 2024
NAFTA, the imposition of the GST, fervent opposition to apartheid and support for Mandela were transformational.
And a breath of fresh air after T1.
- 29 Feb 2024 12:04
- Forum: Financial News, Policy and Economics
- Topic: Inflation
- Replies: 988
- Views: 153486
Re: Inflation
A key measure of U.S. inflation rose faster in January than the Federal Reserve would have liked, as policy makers watch for more signs of easing price pressures before they lower interest rates. The personal consumption expenditures price index increased 0.3% last month from December, the Commerce Department said Thursday, in line with the expectations of economists polled by The Wall Street Journal. The closely watched core index, which strips out volatile food and energy prices, rose 0.4%, also matching the economists’ forecast. Over the 12 months through January, the overall PCE price index rose 2.4% while core prices climbed 2.8%. Both of those figures were below economists’ expectations, as the Commerce Department revised down inflat...
- 28 Feb 2024 17:15
- Forum: Under the Mattress: Protecting Your Money
- Topic: High interest savings, GICs and MMFs (2024)
- Replies: 179
- Views: 14420
Re: High interest savings, GICs and MMFs (2024)
^ Then there are some with multiples of $100k ...
- 26 Feb 2024 17:38
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: Frothy Equity Markets
- Replies: 1395
- Views: 155259
- 25 Feb 2024 11:44
- Forum: Stocks, Bonds, ETFs, Funds, REITS and More
- Topic: Frothy Equity Markets
- Replies: 1395
- Views: 155259
Re: Frothy Equity Markets
Nvidia worth almost as much as the entire Canadian economy:
Technology giant Nvidia is hitting new heights thanks to demand for products connected to artificial intelligence, leading the chipmaker to a market value that this week approached that of the entire Canadian economy.
The California-based company briefly hit $2 trillion US in overall value, or market capitalization, for the first time on Friday, riding on insatiable demand for its semiconductors and chips.
The entire Canadian economy, as measured by GDP, was $2.12 trillion US in 2023 according to the International Monetary Fund.