Category: Family Living

Bank of Canada mette in ginocchio i Canadesi: l’aumento del tasso di interesse è il colpo di grazia sulle famiglie

TORONTO – L’aumento del tasso di interesse dell’uno per cento deciso dalla Bank of Canada mercoledì ha colto molti di sorpresa (l’istituto aveva preannunciato un aumento inferiore) e sicuramente avrà un notevole impatto finanziario per molti canadesi. A dirlo, finalmente, è anche un economista… Read More in Corriere Canadese >>> 

Bank of Canada brings Canadian families to their knees

TORONTO – The Bank of Canada’s one percent interest rate hike on Wednesday took many by surprise (the institute had predicted a lower increase) and is likely to have a major financial impact for many Canadians. Also an economist, finally, says it. “It will have an immediate and rather dramatic effect on loan costs for many people,” Stephen Brown, a senior Canadian economist at Capital Economics, told CTV‘s “Your Morning” today, stating what everyone knows but few say openly: Canadian central bank interest rate hike raises mortgage and loan repayments: it’s so obvious.  (more…)