The Bank of Canada has raised interest rates by 50 basis points. A move that was expected by the markets, and comes one week before the Federal Reserve interest…
loonie
The Bank of Canada (BoC) took the markets and investors by surprise yesterday. Expectations were an announcement of gradually slowing down Canada’s Quantitative Easing (QE) Program. While the Fed…
The Canadian Dollar, or the Loonie as we call it, has nearly given back all its gains for 2021 year to date, after a stellar move. This is occurring…