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Outlook Financial Review: Canadian Online Banking Made In Manitoba Nov 19th
There are several online banks owned by credit unions in Canada. Outlook Financial is one of them. A division of Winnipeg-based Assiniboine Credit Union, Outlook offers banking products and services to customers across Canada. In this Outlook Financial review, I’ll let you know what they have to o.... More »
China inflation up 1.9 per cent in June, slowest in 6 months Jul 10th
BEIJING, China – Chinese government data showed consumer prices in June rose at the slowest pace in six months, suggesting the world’s second-largest economy is still experiencing weak consumer demand amid a broad downturn.
The National Bureau of Statistics said Sunday China’s cons.... More »
The 11 best travel credit cards in Canada for July 2023 Jul 13th
Credit Cards
The 11 best travel credit cards in Canada for July 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
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IMF says Iran rebounds after nuclear deal, but danger looms + MORE Mar 1st
Iran’s economy rebounded out of a recession after the nuclear deal with world powers, the International Monetary Fund said on Tuesday, though uncertainty over future sanctions and problems plaguing the country’s domestic banks could cause fiscal trouble ahead.
Iran’s real gross dom.... More »
Alternative lender Equitable says all 6 big banks have agreed to fund $2B backstop May 4th
Alternative lender Equitable Group Inc. says all six of Canada's big banks have agreed to loan the company up to $2 billion, should the need arise..... More »
Remarks prepared for Bank of Canada Governor Stephen S. Poloz at the Mayor’s Breakfast Series in Ottawa on Jan. 7:
Good morning, and Happy New Year to all.
Here we are at the beginning of 2016, almost eight years after the global financial crisis, which spawned the most synchronized worldwide economic downturn in history. A rerun of the Great Depression of the 1930s was averted, but the recovery has been anything but synchronized.
In fact, the dominant theme across the global economy has become “divergence.” At one end of the spectrum, the U.S. Federal Reserve has just started its interest rate normalization process after seven years of keeping its policy rate near zero. At the other end, the European Central Bank (ECB) recently cut its deposit rate to negative 0.3 per cent. Other central banks also cut rates in the past year, including the Bank of Canada.
It is very important that we understand the reasons for these policy divergences. On one level, they simply reflect actions taken by central banks tailored to their own economies…
So You Overspent During the Holidays… Now What?
– ratesupermarket.ca
From buying gifts to entertaining to taking advantage of Boxing Day sales, there are a lot of opportunities to spend more than you budgeted for over the holidays. That means that many people are starting off 2016 with a holiday hangover in the form of credit card debt.
Click here for the best low interest and balance transfer credit cards in Canada>
But getting back on track and ensuring you never find yourself in the same situation can be easy if you follow these four easy steps:
1: Assess the Damage
You might not want to add up all of the bills to see how badly you overspent, but it’s important that you do. If you still have your receipts, you might even consider taking some things back which could help you reduce the debt you owe.
If you only overspent by a small amount, it might be easy to adjust your budget to make up for those extra expenses.
If, however, you overspent a lot you’ll probably have to sit down and figure out how you’ll repay the money. As you do this, think about what expenses were necessary and which could have been avoided…
