Section: Various

Bank of Canada increases overnight rate target to 1 1/4 per cent

Published on by Communication service

Bank of Canada increases overnight rate target to 1 1/4 per cent -

Bank of Canada increases overnight rate target to 1 1/4 per cent

The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent. Recent data have been strong, inflation is close to target, and the economy is operating roughly at capacity. However, uncertainty surrounding the future of the North American Free Trade Agreement (NAFTA) is clouding the economic outlook.

Savings today, peace of mind tomorrow …with up to 30%* savings on your home & auto insurance

Published on by Communication service

Savings today, peace of mind tomorrow …with up to 30%* savings on your home & auto insurance -

Savings today, peace of mind tomorrow …with up to 30%* savings on your home & auto insurance

Did you know your group membership benefit entitles you to savings and discounts on your home and auto insurance not available to the general public? With The Personal, you get group rates exclusive to members of Association des propriétaires du Québec – plus savings of up to 30%* on your home and auto insurance.

H2O+ Solutions from The Personal

Published on by Communication service

H2O+ Solutions from The Personal -

H2O+ Solutions from The Personal

Did you know water damage represents more than 50% of the cost of home insurance claims? What does that mean for the future?

Presenting H2O+ Solutions from The Personal—helping you protect your home against water damage!

Vacancy rate in seniors’ residences drops in key regions

Published on by Communication service

Vacancy rate in seniors’ residences drops in key regions -

Vacancy rate in seniors’ residences drops in key regions

Our survey distinguishes between two types of spaces: standard and non-standard spaces. Standard spaces, also referred to as independent living, are those occupied by a resident paying market rent and who does not receive 1.5 or more hours of care per day. A non-standard space is one in which the residents are receiving at least 1.5 hours of care per day, spaces being used for respite and non-market spaces.

Bank of Canada maintains overnight rate target at 1/2 per cent

Published on by Communication service

Bank of Canada maintains overnight rate target at 1/2 per cent -

Bank of Canada maintains overnight rate target at 1/2 per cent

The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

Inflation is broadly in line with the Bank’s projection in its April Monetary Policy Report (MPR). Food prices continue to decline, mainly because of intense retail competition, pushing inflation temporarily lower. The Bank’s three measures of core inflation remain below two per cent and wage growth is still subdued, consistent with ongoing excess capacity in the economy.