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8 critical illness insurance myths + MORE Mar 15th
Critical illness insurance is hugely misunderstood. And if you’re not reading the fine print on your policy, you could be relying on inaccurate myths when deciding how much you’ll need. Luckily insurEye, a Canadian insurance education site, has compiled a list of several critical myths.... More »
The best travel insurance credit cards in Canada for 2025 Jan 11th
Many Canadian credit cards come with built-in travel insurance benefits, such as emergency medical coverage, trip cancellation protection and flight delay compensation, which can save travellers from unexpected out-of-pocket expenses. Our list of the best travel insurance credit cards come with thes.... More »
The best travel insurance credit cards in Canada for 2024 Jan 4th
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The best travel insurance credit cards in Canada for 2024
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Driving Records and Life Insurance + MORE Oct 30th
Did you know that a poor driving record can affect a life insurance application? Convictions like multiple speeding tickets, dangerous driving and DUI (Driving Under the Influence) can all be cause for higher premiums or outright declines by the insurer..... More »
BREAKING: Ontario Car Insurance Rates Increase Apr 21st
Here at RateSupermaket.ca, we keep you in the loop of different ways to save, whether it be on your mortgage, through investments, or on your car insurance. The Financial Services Commission of Ontario (FSCO) has reported that Ontario car insurance rates have increased by 2.23 per cent on average.... More »
Averting the Disability-Insurance Meltdown
– online.wsj.com
The out-of-control $150 billion program is in urgent need of reform.Will The Bank of Canada Cut Rates Again in March?
– ratesupermarket.ca
When OPEC’s supply standoff initiated oil’s price slide last November, few foresaw just how quickly the commodity’s value would plunge. Equally surprising was how rapidly Canada’s economic policy makers reacted with a January rate cut that caught many - including the big banks – off guard. Now, as the next Overnight Lending Rate announcement looms on March 4th, borrowers and economists speculate whether the Bank of Canada has more “economic insurance” in store.
Inflation’s Slump Hikes Chances
The likelihood of another rate cut hovers at 53 per cent according to overnight swap pricing, and worsening economic factors provide additional rationale; oil’s prolonged drop is feared to push inflation levels to negative territory in the first half of the year. In a speech this week, Bank of Canada Deputy Governor Agathe Côté stated the BoC anticipates inflation to fall as low as 0.3 per cent or below in Q2 before recovering moderately to 1.2 per cent by next winter.
Côté affirmed low inflation was a significant contributor to the BoC’s January rate decision, stating, “The cut in policy rate is intended primarily to provide insurance against the downside risks to inflation…
Inflation’s Slump Hikes Chances
The likelihood of another rate cut hovers at 53 per cent according to overnight swap pricing, and worsening economic factors provide additional rationale; oil’s prolonged drop is feared to push inflation levels to negative territory in the first half of the year. In a speech this week, Bank of Canada Deputy Governor Agathe Côté stated the BoC anticipates inflation to fall as low as 0.3 per cent or below in Q2 before recovering moderately to 1.2 per cent by next winter.
Côté affirmed low inflation was a significant contributor to the BoC’s January rate decision, stating, “The cut in policy rate is intended primarily to provide insurance against the downside risks to inflation…
