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Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Sign In or Create an Account or Bank of Canada governor Tiff Macklem said the central bank’s governing council will continue to make monetary policy decisions based on economic realities in Canada, rather than be influenced by Federal Reserve decisions or market predictions. The U.S. mortgage system provides stability when rates are low, but limits market growth because homeowners can get stuck, especially if prices go down. Photo by Joe Raedle/Getty Images Get the latest headlines, breaking news and columns.
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The next issue of Top Stories will soon be in your inbox. We encountered an issue signing you up. Please try again Canadians renewing their mortgages this year might wish they were part of the American system that locks rates in for 30 years.
But as the saying goes, be careful what you wish for. Fortis has a long history on Tilbury Island. In 1971, the provincial regulated utility company built the original Tilbury LNG facility, the first of its kind in B.C.
Photo by James MacDonald/Bloomberg via Getty Images B.C. energy provider FortisBC now has the green light for a $3.5-billion expansion of an LNG terminal. Located in Delta, B.C. on the industrialized Tilbury Island, the Fortis facility supplies fuel to the lower mainland’s marine shipping industry and overseas LNG market. The expansion will boost the facility’s output by 10 times once complete.
Everyday costs, particularly for groceries and household products, were the top source of financial stress (55 per cent), followed by personal debt (46 per cent) in the survey. Photo by Julie Alex K/Getty Images Twenty-eight per cent of working Canadians are living paycheque to paycheque and would struggle to meet their financial obligations if their pay was delayed by just one week, according to a survey from the National Payroll Institute released Tuesday. Governments reach for words like mega because ordinary tax policy sounds more impressive with better packaging.
Photo by HYUNGCHEOL PARK/Postmedia Governments reach for words like mega because ordinary tax policy sounds more impressive with better packaging. Canadians would be better served by less marketing and more debate about what is actually inside, writes Kim Moody. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic.
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Source: Financial Post
