Entries by Jason Lang

Group Life Insurance – Only Part of The Solution

Ownership of individual life insurance at its lowest level in 30 years: The Life Insurance and Market Research Association (LIMRA) 2013 study shines a light on a developing problem for Canadian households: Individual ownership of Life Insurance was at its lowest level in 30 years; 3 in 10 households did not have individual life insurance […]

BofC Lowers Overnight Rate Target to 1/2 Percent

Please find below the Bank of Canada’s press release regarding their decision to lower the overnight rate to 1/2 of a percentage: “The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and […]

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Provincial Outlooks: Ontario on the path to a bright year while Alberta will post a decline in GDP

Although oil prices seem to have stabilized, Alberta’s economy will post an overall decline in real gross domestic product (GDP) this year, according to The Conference Board of Canada’s Provincial Outlook: Spring 2015. “Alberta’s economic performance will be underwhelming this year and next, especially compared with recent years,” said Marie-Christine Bernard, Associate Director, Provincial Forecast, The […]