Category Archives: Economics
Inflation – What is it?
For those of you who aren’t quite sure what inflation is, here is a brief tutorial. Essentially, inflation is measured as the year over year percentage change in the consumer price index. Your next question might be “what the heck … Continue reading
Trending: Interest Rates – January 2012
The bank of Canada announced today that it is maintaining interest rates (the bank rate) at 1.25% citing deteriorating conditions in the world economy and increased uncertainty. The bank of Canada has held interest rates at 1.25% since September 2010. … Continue reading
Interest Rate Update – January 2011
The Bank of Canada announced today that they are maintaining the overnight interest rate at 1.00%. This is the 3rd consecutive time that the bank has held interest rates steady since September 8, 2010 when the rate was increased from … Continue reading
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youngandthrifty
Haha, I should get my boyfriend to read this. Le sigh. Here in Canada, it's $10 a pack! Even m...