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Warning to caregivers: Expect a scavenger hunt + MORE Feb 24th
This story is part 3 in a series on financial caregiving for seniors. Read others in this series:
3 signs you need to take control of your parents’ finances
Caring for a parent? Get a power of attorney
Before my father was diagnosed with dementia, I had a 30,000-foot awareness of my f.... More »
Can Santander take on Canada’s Big Six? Why the global bank may face hurdles + MORE Dec 18th
It’s not every day, or even every decade, that a big foreign bank decides to have a go at Canada’s retail banking market.
But Spain’s Banco Santander—which has already shown an ability to attract customers, with more than 168 million of them worldwide—is poised to be among the few that .... More »
Canadian Banks Make Push to Beef Up Utilities Expertise in the US + MORE Sep 25th
The Globe and Mail, Christina Pellegrini and Niall McGee, 24 September 2017
When word got out in July that Hydro One Ltd. had retained Moelis & Co. to advise on its $4.4-billion deal for Spokane, Wash.-based utility Avista Corp., the reaction from many on Bay Street was: Hydro One hired who?
T.... More »
Top 100 dividend stocks in Canada 2024 Jan 11th
Overview
Top 100 Dividend Stocks
Past Performance
Methodology
Top 100 dividend stocks in Canada
Consider our list o.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Aug 12th
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
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Canada’s interconnected banks are vulnerable to a cascading series of cyberattacks that could undermine broad confidence in the financial system, the Bank of Canada warns.
Carolyn Wilkins. (Photograph by Erin Schaff)Inflation is coming.
Ha-ha! You don’t believe me, do you? I can hardly blame you. Economists used to talk about prices as if they were barely domesticated animals: loosen the tether, and they will will take off on you. Those economists now look like fools. As central banks dropped interest rates to zero to fight the Great Recession, the True Believers warned of apocalyptic spikes in sticker prices.
It never happened. Inflation has been a non-story for years. In fact, the central bankers have tended to worry that prices could head in the opposition direction. In October, 2016, Carolyn Wilkins, senior deputy governor at the Bank of Canada, told an audience in Trois Rivieres, Quebec, that “risks to the profile for inflation have tilted somewhat to the downside.” Forgive her the slip into jargon. It was actually a foreboding statement. What she meant was that because the economy was so weak, the central bank was worried prices might actually start to decline…
