Bank of Canada expected to hold interest rates in September 4 decision

Economists polled in a recent report are expecting the Bank of Canada to hold its current interest rate…for now.
— Read on ca.finance.yahoo.com/news/its-only-a-matter-of-time-before-the-bank-of-canada-cuts-interest-rates-174605304.html

Negative Rates Are a Cash Cow for Denmark’s Mortgage Lenders

(Bloomberg) — In Denmark, where banks have been grappling with negative interest rates longer than in any other country, there’s one corner of their business that’s raking in a lot more money.Low rates are driving record numbers of borrowers to seek cheaper mortgages, generating bumper fees for an industry
— Read on ca.finance.yahoo.com/news/negative-rates-cash-cow-denmark-040000894.html

43% of Canadians say financial stress is hurting their work productivity: Study – BNN Bloomberg

43% of Canadians say financial stress is hurting their work productivity: Study – BNN Bloomberg
— Read on www.bnnbloomberg.ca/43-of-canadians-say-financial-stress-is-hurting-their-work-productivity-study-1.1310556

Negative Interest Rates Threaten the Financial System

(Bloomberg Opinion) — Former Federal Reserve Chairman Alan Greenspan recently said he wouldn’t be surprised if yields on U.S. bonds turned negative and if they do, it wouldn’t be “that big a of a deal.” That seems to be a sentiment widely held in central banking circles these days, but it’s wrong. Negative
— Read on ca.finance.yahoo.com/news/negative-interest-rates-threaten-financial-090010984.html

Think August Was Bad? Here Comes Worst Month for Canadian Stocks

(Bloomberg) — After enduring a bumpy ride in August, investors in Canadian stocks need to brace for more volatility in September, typically the worst month of the year for equities.In the past 10 years, the S&P/TSX Composite Index has dropped an average 1.5% in September, as the end of summer, return
— Read on ca.finance.yahoo.com/news/comes-worst-month-canada-stocks-123451218.html

Electric Car Sales Fall for First Time After China Cuts Subsidy

(Bloomberg) — Global electric-car sales fell for the first time in modern history in July after China scaled back purchase subsidies, highlighting the role government assistance is having on the burgeoning market.Monthly sales worldwide fell 14% to about 128,000 plug-in passenger electric vehicles,
— Read on ca.finance.yahoo.com/news/electric-car-sales-fall-first-060600502.html