Set realistic client expectations and consider adding high-yield bonds to fixed-income portfolios, Leith Wheeler executives advise
The central bank is expecting the economy to rebound in the second quarter with 2.5% growth
The poll comes ahead of this week’s interest rate announcement from the Bank of Canada
The U.S. Federal Reserve foresees two more hikes this year
The prospect of tariffs have added to an already murky context for Canada
The central bank is keeping a close eye on NAFTA renegotiations, competitiveness related to U.S. tax cuts and impacts on the housing market
The U.S. Federal Reserve Board is “increasingly likely” to raise interest rates four times this year
The hikes follow a move by the Bank of Canada to boost its key short-term rate
Many economists expect the central bank to raise the overnight rate by 25 basis points to 1.25%
Interest rate hike, new mortgage rules may trigger real estate market slowdown