General News

The Federal Reserve kept its benchmark interest rate steady. To read the complete article click here.

Canadians place a high value on human advice, especially when it comes to a financial decision or major life event. A recent CIBC poll found that 63% of Canadians would rather speak to another person when seeking out advice than rely on information from the web. The number rose to 70% when it came to… Read more »

The Bank of Canada has decided to hold interest rates steady. In a widely expected move, Govenor Steven Poloz announced today that the central bank will hold its benchmark rate at 1.75 percent. To read the complete article click here.

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year’s presidential election. To read the complete article click here.

The Bank of Canada kept its key interest rate on hold where it has been for more than a year as it said Wednesday that ongoing trade conflicts and related uncertainty continue to weigh on the global economy. To read the complete article click here.

The TFSA new contribution limit for 2020 is $6,000, matching the amount set for 2019, the Canadian government has announced. To read the complete article click here.