I am SO happy today. #MarchMadness
TORONTO, March 20 (Reuters) – Canadian Finance Minister Jim
Flaherty said on Wednesday he was concerned that Canadians might
not be able to afford their mortgages when interest rates rise,
speaking after he gave Manulife Financial a
tongue-lashing for offering ultra-low rates.
“Our concern, my concern for a number of years with very low
interest rates, is to ensure that people can afford their
mortgages when interest rates go up,” Flaherty told reporters.
Bracketologists are the weirdest basketball fans out there. #MarchMadness
TORONTO, March 8 (Reuters) – The Canadian dollar hit a
one-week high on Friday after much better-than-expected jobs
growth in February in both Canada and its main trading partner,
the United States, before pulling back to end the session little
Analysts said the close below C$1.03 to the greenback
nonetheless signaled a technical victory for the loonie, as
Canada’s currency is colloquially known, after several failed
attempts to breach C$1.0350, which would have been its weakest
level since mid-2012.
TORONTO, March 8 (Reuters) – The Canadian dollar
strengthened sharply on Friday to hit a one-week high after much
better-than-expected jobs growth in February in both Canada and
its main trading partner, the United States.
Canada added almost 51,000 jobs in the month, with strong
gains in services industries that vaulted the total well past
the 8,000 additions expected by analysts surveyed by Reuters.