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moneysense.ca, 8/09/10
Uncertainty prompts Carney’s hike
Bank of Canada’s overnight rate moves up another quarter of a percent, while the bank’s Governor cites uncertainty about the future.
Current issue:
For the third straight time Bank of Canada Governor Mark Carney raised the nation’s benchmark interest rate by another quarter of a percent today, Wednesday Sept. 8, 2010, but left himself room to manoeuvre. He concedes that conditions in Canada remain “exceptionally stimulative,” but is quoted in a Globe and Mail article as saying that the overall economic climate is fraught with “unusual uncertainty.”
This lift puts the Bank of Canada’s overnight rate at 1%. Carney stated that future moves will depend on developments around the world and how this will impact Canada’s economy.
To read more go to Carney hikes rates.
moneysense.ca, 8/09/10
Zune and iPod: Most people compare the Zune to the Touch, but after seeing how slim and surprisingly small and light it is, I consider it to be a rather unique hybrid that combines qualities of both the Touch and the Nano. It’s very colorful and lovely OLED screen is slightly smaller than the touch screen, but the player itself feels quite a bit smaller and lighter. It weighs about 2/3 as much, and is noticeably smaller in width and height, while being just a hair thicker.
The Best Family Vacation Ideas – For Family Vocations…
There are some really great ideas here. Can’t wait to put some of these into action. Its really going to bring good vibrations where the vibrations should be…
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