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The level of the overnight rate is still restrictive at 3.75% and the BoC in the press release hinted at future rate cuts will follow to support a return to stronger GDP growth.
The decline in household wealth comes at a time when Canadians are already feeling the squeeze of higher inflation and rising interest rates.
We expect higher interest rates, both in Canada and abroad, will ultimately begin to cool demand and price pressures as the year progresses.
People's lifestyles and perspectives are becoming more global. Here are some things to consider when your wealth heads overseas.
Harmony across families can be maintained by having multi-generational dialogue. Learn how you can start the conversation with your loved ones.
It’s never been more important for families to find ways to effectively build and maintain their wealth—and the services of a family office can help.
The spread of the Delta variant of COVID-19 and slow vaccination rates in many emerging market economies created another detour in the road to recovery for the global economy.
Inventories generally remain low, leaving few options for buyers to fight over and fueling widespread bidding wars.
Soaring prices and the start of the spring season attracted more sellers, according to early reports from local real estate boards.
Current impacts from COVID-19 are prompting Canadians to consider how and where they’ll grow old and who will take care of them. Learn why having a plan in place is important.
