The Bank of Canada keeps its key policy rate unchanged at 4.5%, as the central bank continues to monitor the impact of its previous rate hikes on the economy. Anthony Okolie speaks with Andrew Hencic, Senior Economist, TD, about the implications for inflation and economic growth.
Ottawa released its 2023 federal budget aimed at building on Canada’s green energy transition while addressing cost-of-living concerns. Greg Bonnell speaks with Derek Burleton, Deputy Chief Economist at TD, about the government’s effort to balance spending demand with fiscal restraint.
The Bank of Canada increased its overnight interest rate by 25 basis points in its ongoing effort to tackle inflation. Anthony Okolie speaks with Alexandra Gorewicz, Portfolio Manager, Active Fixed Income, TD Asset Management, about the outlook for central bank policy and the economy.
As interest rates rise, the opportunity to achieve tax savings via a family loan strategy is narrowing. Would a prescribed rate loan strategy still be worthwhile as the prescribed rate rises to 3% on October 1st? Georgia Swan, Tax and Estate Planner, TD Wealth weighs in.
