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Finance Minister Bill Morneau said today that Canada’s budget is deeper in the red than we were told in the 2015 budget As the economy’s performance has disappointed. He also revised down the government’s outlook for the economy over the next year. According to the Minister, the federal books are short roughly $3 billion in [] http://poorcreditmortgagebroker.com/finance-minister-bill-/

(Bloomberg) Canada’s finances are taking a bigger hit than projected from the oil-price slump, putting the country on pace for red ink even before Prime Minister Justin Trudeau kicks off his plan for deficit spending. After a surplus of C$1.9 billion ($1.4 billion) in the last fiscal year, the latest finance department projections are [] http://poorcreditmortgagebroker.com/bloomberg-canadas-fina/

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Job Strength Means Fed Hikes RatesCanadian Rates Have Bottomed The jobs numbers released for October exceeded expectations in both the U.S. and Canada. This was a particularly important report for the U.S., because it all but insures that the Federal Reserve will hike rates for the first time in a decade when they next meet on December 16. Interest rates in both Canada [] http://poorcreditmortgagebroker.com/job-strength-means-fed/

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