phil wiper: Bank of Canada to focus on inflation.
- 01/27/09 04:47 AM
The Bank of Canada Governor Mark Carney annouced today that the Bank's main focus going forward is to closely monitor the inflation factors. In a speech to the Hailfax Chamber of Commerce he stated the following main points: 1- monetary policy focus on the inflation and the financial crisis is key2- inlfation targeting of 2%3-Our labour, product and capital markets are flexible and our bank system is sound4-Canada has the clearest most powerful monetary policy framework in the world5-Canada should accelerate to above-potential growth in 2010 The official Bank of Canada announcement is below: HALIFAX, Jan. 27 - Canadians can be … (0 comments)
phil wiper: Things to Consider When Searching for the Best Equipment Leasing Program
- 01/22/09 11:35 PM
Whenever you choose to enter into a leasing agreement with a company, you want to make sure the company that you choose can fulfill your expectations and needs sufficiently. It is important to consider certain things before signing a lease agreement.
For example, if you are searching for an equipment leasing company, you will want to make sure that the company offers a wide range of equipment from which to choose from. This means that you can choose high end equipment, mid-range equipment or more basic equipment to meet your current needs.
The best thing to do … (0 comments)
phil wiper: Bank of Canada Lowers Rate Again!
- 01/20/09 11:44 AM
The Bank of Canada has lowered the overnight lending rate to a new record low as the warns that the economy will shrink in 2009. In an effort to boost the economy they have reduced the overnight rate by 0.5% to 1%. By lowering the rate to 1.0%, this now becomes the new low point since the rate was 1.12% back in 1958 There is a great possibility that the Bank of Canada may not been done yet and there is a strong possiblity that in March the rate could be lowered by another half point. The CBC has stated that … (0 comments)
phil wiper: Tips for Locating the Best Equipment Leasing Company
- 01/19/09 12:32 AM
When looking for a company from which to lease equipment, a person should choose carefully. There are many tips that one should adhere to when trying to select an equipment leasing company that will meet his or her needs. One important thing to ensure is that the leasing company will provide excellent customer service. This means the company employs knowledgeable sales people who can answer any questions you may have. You do not want to be in a situation where you cannot obtain the information that you need when you need it. In addition, the process of equipment leasing should be … (0 comments)
phil wiper: 6 Important Tips to obtaining the right lease on equipment
- 01/16/09 03:53 AM
If getting equipment through a lease instead of buying it out right is the way to go for you here are some tips that you can follow to make sure you get the right type of lease for your situation. The following are six tips to make it go a bit smoother for equipment leasing, leasing, leasing company.Tip 1: Find the right lease partner.Try to find a equipment leasing company that you will be able to use on a long term basis. Doing this correctly will ensure the safety of you businesses assets. Be sure to research the leasing firm … (0 comments)
Starting a business requires a lot of time and money. If you are currently in the market for a commercial mortgage, there are many factors to consider before you even begin the application process. To ensure that you will qualify for the amount of money that you need, you should prepare as much as possible before visiting with a potential lender. Spending a bit of extra time preparing will increase your chances of walking out the door with the mortgage you need. Before you even begin the commercial mortgage application process, you need to know and understand your credit … (0 comments)
phil wiper: Equipment Leasing Will it be a Major Source of Business Financing for Your Company in 2009?
- 12/30/08 01:55 AM
Equipment Leasing Will it be a Major Source of Business Financing for Your Company in 2009? Equipment leasing is by far the largest type of asset based lending available for the small business owner and current is on the rise with the recent credit crunch. If you are thinking that leasing is expenses and the rates are out of control you need to rethink this valuable tool that is available for your business. in today’s economy you can lease almost any type of hard asset that can be utilized in your business. Everything from trucks and vehicles used in the business … (0 comments)
phil wiper: 5 year Rates Drop Again. Should You Lock In?
- 12/22/08 12:20 PM
With many lenders and banks lowering their 5 Fixed rate to 4.99%, the question more and more consumers are asking is, “Variable or Fixed Rate what should I do?”With variable rates at prime plus 1.0% (or 4.50%) and an expected rate decrease in January what is the consumer to do.If you lock in for a longer-term fixed rate mortgage, you will have the stability of knowing exactly what your payment will be month after month. This mortgage fits the bill for most first-time home buyers.If you choose a variable rate mortgage, you can benefit from an expect rate drop in January … (2 comments)
phil wiper: US annouces 17.4 billion while Canada/Ontario pledge $4 billion for struggling automakers.
- 12/21/08 12:48 PM
U.S. President George W. Bush dipped into the financial bailout package on Friday to offer $17.4 billion US in short-term loans to automakers. GM and Chrysler are expected to participate while Ford has stated that they are not in need of the money at the present time, but would be badly damaged if one or both of the other two companies were to go under. Ford has said the bailout will help stabilize the industry. According to CNN George Bush stated that, “If we were to allow the free market to take its course now, it would almost certainly lead to … (0 comments)
phil wiper: Commercial Rates to Decline as Fed Cuts Interest Rate
- 12/21/08 02:05 AM
Markets Jump After Fed Cuts Rate - Could this be Good News For Commercial Rates?The U.S. Federal Reserve has cut the rate by three-quarters of a percentage point to a target rate of zero to 0.25 percent.U.S. Commercial banks are now expected to lower the prime rate, this is the key rate for many loans to consumers. The current rate is 4%. That is the lowest level on record in the United States for the target rate.The cut sparked jumps in the stock markets and a drop in the U.S. dollar against other currencies.The Fed said U.S. labour markets conditions. consumer … (0 comments)
phil wiper: Canada’s Big Banks - Loosen Purse Strings
- 12/19/08 07:47 AM
Finance Minister Jim Flaherty said Thursday he and Bank of Canada Governor Mark Carney will meet with the heads of Canada biggest banks next month to discuss why credit remains tight in Cannada even though the federal government continues to pump cash into the financial sector. This has been more and more evident as companies have been looking for alternative financing solutions such as equipment leasing and accounts receivable financing. A businesses inability to secure loans is one of the biggest concerns for Mr. Flaherty and Mr Carney. Mr. Carney has stated to the The Globe and Mail’s editorial board in … (0 comments)
The Bank of Canada Governor Mark Carney annouced today that the Bank's main focus going forward is to closely monitor the inflation factors.;)
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