Saturday, December 8, 2012

HOW 2008 LOW INTEREST RATES MAY MAKE AN IMPACT


 FROM: THESTAR.COM

OTTAWA—The Bank of Canada says low-interest policies that it and other central banks have put in place are adding another layer of risk to the already stressed global financial system.                                                                                                                                                                                                    The Canadian central bank says that the near record level interest rates that have been in place since the 2008-09 recession are taking their toll on insurance companies and pension funds.

http://www.thestar.com/business/article/1298561--bank-of-canada-warns-of-low-rate-risk 

                                                                     


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