Tag: news
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What A Difference A Week ( Doesn’t ) Make
A week ago, the only thing people wanted to talk about was the BOC rate cut. Then, on Wednesday and Thursday, all people wanted to talk about is how the 5 year bond and the CAD currency. Interestingly enough, even though the BOC cut the overnight rate last week, the 5 year Canadian bond is…
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Revising the Revision
I can always tell when people are bothered by something because I get a lot of calls, emails and messages on certain topics. Lately, the topic seems to be the employment report, and more importantly the revisions to the employment report. The tinfoil hat brigade seems to be out in full force lately with this…
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What’s The Plan Stan?
As we all know by now, the government of Canada promised to build millions and millions of homes in the 2024 budget. Millions and millions and millions of homes they say. Of course, it was a politicians promise, so let’s see if it actually happens. They didn’t provide us with any details, or particulars, or…
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A Different Lens
This morning around 11:00 am my phone just started blowing up. And it didn’t stop. What the hell could be so important I wondered? Was Publishers CLearing House trying to get a hold of me to let me know I won 100 Million dollars? Sadly, that was not the case. Of course as most of…
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Does the math, math?
At 8:30 EST this morning, the Canadian employment report rolled out. Of course the headline number showed that Canada added 37000 jobs. Cool, right? Well not so fast. Dig a little deeper and the numbers start to look a little less cool. On the net, yes, 37,000 jobs were created, however 49,000 of the jobs were part time, so…