From the Bank of Canada's steady hand to a surge in housing starts and Ottawa's new financial crime-fighting agency — here are the five money stories every Canadian should have on their radar this morning. 1 Bank of Canada Rate Holds at 2.25% — Next Decision June 10 The Bank of Canada kept its overnight rate at 2.25% on April 29 and has signalled it intends to stay put for now. Governing Council is keeping a close eye on Middle East conflict spillover into energy prices, ongoing U.S. tariff uncertainty, and whether inflation — currently hovering just above the 2% target — becomes entrenched. Bond markets are currently pricing in roughly an 18% chance of a 25-basis-point cut by the July 15 announcement, making a move at the June 10 meeting unlikely. 💡 What it means for you: Variable-rate mortgage and HELOC holders can exhale — no surprise hikes on the horizon. But don't expect big rate relief either; the "lower-for-longer" window appears to be closing. 2 Mortgage...
On March 8, 2024, we commemorate International Women’s Day, a global event that recognizes the achievements, contributions, and resilience of women across the world. This year’s theme, #InspireInclusion, calls for action to break down barriers, challenge stereotypes, and create environments where all women are valued and respected.
What Is #InspireInclusion?
- #InspireInclusion encourages everyone to recognize the unique perspectives and contributions of women from all walks of life, including those from marginalized communities. It’s about fostering a sense of belonging, relevance, and empowerment for women everywhere.
- By inspiring others to understand and value women’s inclusion, we forge a better world. When women themselves feel included, they experience a profound sense of belonging and empowerment.
How Can You Participate?
- Share Your #InspireInclusion Photos and Messages: Join the movement by posting your photos and messages that celebrate women’s diverse voices, achievements, and stories. Use the hashtag #InspireInclusion to amplify the message.
- Challenge Stereotypes: Engage in conversations that challenge stereotypes and biases. Advocate for equal opportunities and representation.
- Support Women Year-Round: While International Women’s Day is a powerful moment, let’s remember that supporting women is an ongoing commitment. Be an ally, mentor, or advocate throughout the year.
Let’s celebrate the women who inspire us, honor their resilience, and work collectively to create a world where every woman’s voice matters. Happy International Women’s Day!
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