At this time last year, the global economy was growing at a decent pace, interest rates were rising, and the U.S. dollar was strengthening. But, over the past twelve months, policy uncertainty has risen, momentum has slowed, and at least 33 central banks—covering most of the global economy—have cut rates.
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In The News
Brexit: EU and UK reach deal but DUP refuses support
October 18, 2019
Boris Johnson and EU leaders have hailed the deal they have struck to take the UK out of the bloc on 31 October in an "orderly" fashion.
The prime minister now faces a battle to get the deal through Parliament on Saturday, with the DUP opposing it.
DUP deputy leader Nigel Dodds accused Mr Johnson of being "too eager by far to get a deal at any cost"...
CRA: Interest rates for the fourth calendar quarter
October 2, 2019
The Canada Revenue Agency (CRA) announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from October 1, 2019 to December 31, 2019.
Chief Mountain closes for the season, Wild Horse resumes normal hours
September 27, 2019
The Canada Border Services Agency (CBSA) advises travellers that the Chief Mountain port of entry will close for the season at 6 p.m. on Monday, September 30, 2019. It will re-open for the next summer season on May 15, 2020. Chief Mountain is located along Highway 6 in Alberta.
Little Gold Creek/Poker Creek border crossing closing for the season on September 22
September 20, 2019
The Canada Border Services Agency (CBSA) advises travellers that the Little Gold Creek/Poker Creek port of entry will close for the season at 9 p.m. (Pacific Daylight Time) on Sunday, September 22. The port will re-open in the spring of 2020 as permitted by road and weather conditions.