How Canadian banks can actually benefit from lower interest rates: FP Video

Canadian banks reported profits and losses last week.

This week FP Video talks about how

Canadian banks

benefit from

reduction in interest rates

where shoppers can get the most bang for their buck this holiday shopping season, and why Canadian travelers have a new passion for travel (going anywhere but the United States).

Bank balance sheets benefit from falling rates

Ernest Wong, head of research at Baskin Wealth Management, talks with Financial Post reporter Larisa Kharapin about recent Canadian bank earnings and why banks' balance sheets are benefiting from falling interest rates.

How to Shop Smart This Holiday Season

Kelly Keene, co-founder and executive director of Money Wise Institute, talks to Larissa about how to survive “the most tempting time of the year.” Making “intentional decisions” about spending this holiday season could avoid a debt hangover in January.

Travel demand is strong, but not in the US

Chris Lines, managing director of Flight Center Travel Group Canada, says demand for travel is high as Canadians look for new destinations that will maximize their money.

Leave a Comment