Although large investment banks have profited enormously from commodities trading over the years, community banks in areas with strong ties to the oil and gas industries usually benefit from robust local economies. Read More
Stock Market Investing
“Since the April Monetary Policy Report (MPR), economic developments have been broadly in line with expectations. However, the balance of risks to the Bank's April projection for inflation in Canada has shifted slightly to the upside.” With that statement, the Bank of Canada (BoC) left its key rate unchanged at 3 percent, flummoxing economists who forecast a 25-basis-point cut. Read More
There have been a handful of truly encouraging stories regarding nanotech that have hit popular as well as trade media in the past week or so. Read More