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The Bank of Canada left its key interest rate steady Wednesday as it looked to balance mounting evidence of a domestic economic pickup against the expanding risks of international trade c. Finance Minister Bill Morneau said Tuesday as he held pre-budget public events in the Toron. Tea party davidstea reports its first-quarter results.
The Bank of Canada increased its key interest rate by a quarter point to .50 percent from a record-low rate of .25 percent. The bank said thus far the impact of Europe’s sovereign debt crisis in Canada has largely been limited to a modest fall in commodity prices.
Statistics Canada. wrote in a report. “However, that suggests we could see some flattening out of the ratio in 2018 – though don’t bet on it as housing has been persistently resilient.” Household.
The US held steady against the majors yesterday but interesting to note President Trump announced that he was investigating ways to punish currency manipulators and this led to a dip in the US Dollar, mainly against the Yen and Chinese Yuan. On the economic front, US GDP was better than expected 2.1% and underpinned the US Dollar.
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Statistics Canada says the amount Canadians owe relative to their income held steady in the first quarter as debt and income grew at similar rates.. statcan reports key household debt ratio.
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OTTAWA – Statistics Canada says the amount Canadians owe relative to their income held steady in the first quarter as debt and income grew at similar rates. The agency says on a seasonally adjusted basis household credit market debt as a proportion of household disposable income remained at 177.6 per cent.
Statistics Canada says the amount Canadians owe relative to their income held steady in the first quarter as debt and income grew at similar rates. The agency says that on a seasonally adjusted basis household credit market debt as a proportion of household disposable income remained at 177.6 per cent.