Another Call for Lower Rates
In the online edition of today’s Toronto Star, Arthur Donner and Doug Peters have joined the labour movement and the National Bank in calling for the Bank of Canada to cut interest rates.
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Canada-US Tax Treaty
On Friday, the Finance Minister and the Treasury Secretary signed the Fifth Protocol of the Canada-US Income Tax Convention. The Canadian government lined up several business organizations in advance to provide endorsements, which have dominated the media coverage. One of these organizations, the C. D. Howe Institute, made the case for the amended treaty through an op-ed in Saturday’s Financial […]
Read moreThe Bank of Canada and my mortgage
I have to renew my mortgage in a couple of weeks, but am wrestling with whether to go with a fixed or variable rate. A few months ago, when my credit union called, they guaranteed me a 5.8% fixed rate for three years, with the caveat that if rates went down by the time the current term expired they would […]
Read moreRate hikes & Conflicts of Interest
Arun DuBois signing in after a long absence. I’m breaking radio silence because (a) I suddenly have a bit more free time (how do the rest of you do it? You folks are machines!); and (b) my righteous indignation has been stoked to full throttle this week after reading one too many Globe and Mail story quoting seemingly disinterested financial-sector […]
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