Tuesday, April 12, 2016
It appears that many industry leaders believe interest rates are going to remain low for a while yet. Recent comments by Finance Minister, Bill Morneau, also support this prediction. The Canadian Government is counting on government bonds to remain considerably low for at least the next 2 years. We are, of course, still subject to global fluctuations, especially with our neighbouring country to the south. Despite this possibility the US central bank has reduced to concerns with respect’s to interest rate movements with their “go slow” policy still in effect.