The BOS is Not the Boss

The Week Ahead

July 16, 2018

The ink was barely dry on the Bank of Canada’s July hike when markets turned their focus to when the next tightening would come. There was a sense that in his strong press conference defense of an upbeat view of the economy, Governor Poloz was trying to send a message that he’s itching to go again sooner rather than later.

That was despite the fact that Poloz’s recent speech was about why he does not want to provide that sort of precise forward guidance. So translating his words into a well de ned hint of a September or October rate hike is simply a mistranslation. At most, he is just leaving the window open for October if we get very good news ahead.

Read More…

School’s Out for Summer

How to Keep Kids Occupied During their Vacation

July 12, 2018

Remember summer vacation? When you cleaned out your locker, took one final look at your classroom and ran out of the building like it was on fire. With so much technology available to kids nowadays, it can be a challenge to push them outside on warm summer days to enjoy the fresh air. Here are some ideas to keep them entertained.

Teach a New Skill

Teach your kids to do something that will serve them in the years to come. Show them how to cook pancakes, throw a football or do a cartwheel ( if you can still do one yourself). Developing a new skill gives children a chance to continually learn throughout the summer and gain confidence along the way. It also gets them geared up for serving you breakfast in bed or becoming a professional football player or gymnast. It’s a win-win!

Read More…