Finally, a company who follows their word. In lieu of lower oil prices, WestJet Canada has eliminated the fuel surcharge that they imposed when oil was near $140 a barrel. This may be a good time to do a bit of traveling!
The economists at Scotia Bank predict that Canada will fall into a recession!
Because of the global market crash (too dramatic?), the Bank of Canada and U.S Fed (along with other countries) have dropped rates by 0.50%. However, the big banks have only dropped their prime rate by 0.25%. Regardless, it’s still welcome news for variable rate debt holders.
Weekend Blog Reading
Consumerism Commentary summarizes Knight Kiplinger’s Solution to The Economic Crisis.
The Financial Blogger explains how to beat inflation.
Canadian Dream questions the goals of life in soul searching and goals.
Canadian Capitalist is thinking about worst case scenarios.
Four Pillars asks is now a good time to buy a house?
Where Does All My Money Go has a primer on ETNs – Exchange Traded Notes.
Thicken My Wallet has an informative series on Dividend yield stocks and their debt loads.If you would like to read more articles like this, you can sign up for my free weekly money tips newsletter below (we will never spam you).