Bank of Canada crucial to what happens next in economy
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- Опубліковано 29 вер 2024
- Financial Post Editor-in-Chief Kevin Carmichael talks with Financial Post’s Larysa Harapyn about how the Bank of Canada is crucial to what happens next in the economy.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks (with the help of my Financial Advisor of course) and made about 246k, but guess what? I put it all back and traded with her again and now I'm rounding up close to a million.
The pandemic came and taught everyone the importance of having multiple stream of income, unfortunately having a nice paying job doesn't mean you are financial secured anymore. So we all need to put in an extra-income earning chance, like investments.
Investment is that tiny line that separates the RICH from the POOR. The foolish from wise sorry to say. I can proudly say I am wise today because I can provide for my family through my investments.
Really am confused especially in the market analysis, how do people take advantage trading them??
Camille Anne Hector is an expert trader, she uses both manual and algorithmic trading techniques while trading... She is amazing and indeed professional in what she does.
Trading with Mrs. Camille has been the right choice I made so far this 2022 at least I've achieved some of my goals, $86,000 and still investing
Mortgage interest rate should be low for primary residence and should be higher for investment properties or whoever is owning more than 1 property!
The era of easy money with little effort is over.....what a rude awakening this is going to be for alot of people.
Think so? Everyone said that in 08 too and here we are.
@@DiscreetPete5050 I believe we are at a different stage of the game and pouring gasoline on the fire is only going to further entrench inflation and cause a cost -wage spiral....guess we will find out togther
Unfortunately NEW carbon taxes from the Liberal - NDP collation will force businesses to raise prices. The diesel farmers use is very expensive. Fertilizer globally is very expensive due to Global Natural gas prices and demand. Diesel is expensive for truckers and that expense is past on to the consumer.
A low-carbon lifestyle is called poverty.
Right. Canadian carbon taxes have raised prices for the whole planet. You are a fool.
@@FullCircleTravis yes eifht now it does and poor people dont care about the enviroment
according to a business report by Bloomberg, high inflation and high interest rates are the plan of the US Federal Reserve, the central bank of the western world and also a private institution, founded by Rothschild, Warburg and J.P. Morgan in Dec 1913. Their wellbeing and interest comes before ours. The Canadian central bank is walking shoulder on shoulder with the US Fed. This is a blunt attack on the middle class. The only thing driving the inflation right now are the energy cost, and the Trudope government is putting more oil onto the fire by increasing the carbon tax. Since world oil prices can't be controlled, the output of the refineries are under control of a few people, who usually control the banks and media. Even oil prices are going down, fuel is getting more expensive which will drive up all other prices. This inflation is planned and controlled!
All these economists do not have answers to any of your questions. They sounds like they simply just don’t know ANYTHING lol
Yes mini celebrity who are ready for their close up Mr. Demille. Sunset Boulevard!
Time to send BoC Governor Jughead back to Riverdale.
Our BOC has no tools, no say-just follow the USA. The WEF forces on exiting carbon fuels will crush many in heavy debt 😔
according to a business report by Bloomberg, high inflation and high interest rates are the plan of the US Federal Reserve, the central bank of the western world and also a private institution, founded by Rothschild, Warburg and J.P. Morgan in Dec 1913. Their wellbeing and interest comes before ours. The Canadian central bank is walking shoulder on shoulder with the US Fed. This is a blunt attack on the middle class. The only thing driving the inflation right now are the energy cost, and the Trudeau government is putting more oil onto the fire by increasing the carbon tax. Since world oil prices can't be controlled, the output of the refineries are under control of a few people, who usually control the banks and media. Even oil prices are going down, fuel is getting more expensive which will drive up all other prices. This inflation is planned and controlled
Just don’t buy if companies jack their prices. End of inflation.
Its hard to do when it food that has been hit hard
If they don’t rise they’re prices they ll go under, unfortunately inflation affects everything and everyone! The value of your dollar is lessened daily, therefor you need more money to do anything, economics isn’t that simple
@@DiscreetPete5050 right! I heard that too. But is anybody talking any measures to protect the consumers? I doubt that.
@@DiscreetPete5050 TRUE NORTH made a report on this where the major grocers actually a 3% profit rate, they made record profit, but they also had to pay record amounts for theyre supplies theyre selling to you, whos investigating them, the liberals or ndp who keep passing the buck on inflation!
yes they make good money, but they cant not raise theyre prices, the dollar is loosing value, as the gov ^^prints^ more than they make
Get your money out of the bank
Suggestions after you do that???
@@dano3952 buy real money, physical gold and silver
Hey y'all Canada 🇨🇦 lol 🇨🇦 well I guess that China and Russia 🇷🇺 🤣 and Saudi Arabia 🇸🇦 🤣 is getting all of the money 💰 from Canada 🇨🇦 lol 🇨🇦
Must be American u ain't in no better boat jack ass !!
So for those who are savers GIC rates should get higher and higher.
Hilarious. Whatever america does will decide what happens here.
Do you think inflation works differently in Canada?
Next year halloween costume-
Tiff and trudeau are BFF!
Just have to crush the working class and get some layoffs....thanks boc/liberals
The Great Reset
If we can't supply market to meet demand... and they depress the economy when business is already limping... this is gonna be dangerous.
The the FP is interviewing itself?
Justin Trudeau house of inverted card debt crisis, anxiety crisis, inflation crisis, climate change crisis, inflation crisis, bankruptcy crisis, shock crisis, financial investment crisis, and financial trader crisis behavior, conduct bizarre French liberals.
Corruption
Recession is a international not local . Bank of Canada only following US trends and have no plans to boast economy
It's so funny how the effects of rising interest rates have a massive lag and they're thinking that inflation is going to come down this quickly? And then they over tighten.
THE CANADIAN ECONOMY WILL COLLAPSE IN A BAD WAY.
The cost of living has been rising, Salaries don't go up, when there is no income people will not have money to spend which means low purchasing power.
Without / With less customers the businesses will collapse.
If the businesses collapse then that will directly affect the taxes, since the country has no self reliance but relies and runs on tax payers money.
Interest rates are going significantly higher from here... MUCH Higher.... and get over it because poor financial planning on the part of some who have speculatively over-leveraged ..... does not constitute an emergency on the part of others more Financially prudent ?
The previous Trudeau allowed the bank of Canada to run interest rates up to 18 percent!
I expect worse from Justin.
The banks killed the housing market. There part of the problem, did they pay any tax in Canada ever?? I ❤️ the hardons talking S below. It's comical.
She looks like Count Dracula
It’s halloween time
Like a Miss Universe pageant contestant but they all look like Elvis Presley in drag. So does she. Lol
Very Interesting !! ✍🧐
Canada scenario is totally different situation about some others place in the world 🌍. The houses pricing are in the roof and more.and.more immigrants should pay the final count, until Russia x Ukraine cool off; after COVID 19 the biggest event which changed the world economy in my humble opinion it's Impossible a recession with the atual Canada scenario. The economy machine continue working strongly.
Trudeau over spending cutting oil production buying oil from corrupt countries instead of using Canadas cleaner oil is why there is inflation in Canada.
LOL You're delusional. Are you a politician?