AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Create a link to this page

Copy and paste this link tag into your Web page or blog:

<a href="http://www.accessmylibrary.com/coms2/summary_0286-19918641_ITM" title="Facts and information about One more reason to cut interest rates?: Provincial deficits: All but Alberta face crippling payments.">One more reason to cut interest rates?: Provincial deficits: All but Alberta face crippling payments.</a>

Close Set up an RSS feed that alerts you when new articles from The America's Intelligence Wire are available.

Frequently asked questions about RSS feeds

One more reason to cut interest rates?: Provincial deficits: All but Alberta face crippling payments.

The America's Intelligence Wire

| January 07, 2004 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Financial Post)

Another day, another provincial government reveals a gaping hole in its finances and the Bank of Canada is handed one more reason to cut interest rates.

On Monday, it was Newfoundland Premier Danny Williams' turn to stand bleakly in the media spotlight with nothing but lint his pockets.

Despite likely leading Canadian growth last year with an estimated expansion of more than 4%, an external review now pegs Newfoundland and Labrador's deficit at $827.2-million for fiscal 2003-04. The previous government had forecast a $665.9-million deficit.

Unless remedial action is taken, the deficit is projected to average…

View articles courtesy of your local library

Related articles from newspapers, magazines, journals, and more


Interest rates: Bank of England holds at 0.5% as quantitative easing continues.: News wire article from: Europe Intelligence Wire April 9, 2009 700+ words
...Guardian Unlimited) The Bank of England's monetary...committee today left interest rates on hold for the first...monthly meeting today that Bank Rate would remain at...very unlikely" that interest rates would be cut again...figures released by the Bank today showed that that...


Interest rates. BANK RAISES EYEBROWS.: News wire article from: Asia Africa Intelligence Wire August 20, 2004 700+ words
...Byline: Claire Bisseker Interest rates BANK RAISES EYEBROWS Cutting...Laubscher says the bank took a calculated risk...list of reasons why interest rates should remain unchanged...today). "Why did the bank not cut rates then...


Interest rates: Bank of England expected to show zero tolerance.: News wire article from: Europe Intelligence Wire April 8, 2009 700+ words
(From Guardian Unlimited) The Bank of England announces its latest interest...1920s. As a result, say economists, interest rates could remain at their current 0.5...well into next year. "We suspect that interest rates are set to stay at 0.50% well into...


Trickle-Down Theory Isn't True With All Interest Rates.(bank savings and loan...: Magazine article from: Los Angeles Business Journal QUINN, JANE BRYANT April 30, 2001 700+ words
WITH general interest rates coming down, when can...re often tied to the bank prime lending rate...at the will of the bank. Oh? Well recognized...agreements gives the bank the right to change...16.04 percent. If interest rates keep on going down...


RBI hikes key interest rates; bank loans may turn costlier.: News wire article from: Business Line July 26, 2006 700+ words
...2006 Mumbai, July 25 - Interest rates on corporate and retail loans...set to go up as the Reserve Bank of India hiked its short...the current year The central bank has kept its other rates such as the Bank Rate and CRR unchanged at...


Vietnam: Interest rates on bank loans keep rising.: News wire article from: Thai Press Reports May 12, 2009 700+ words
...continue to increase interest rates on mobilized loans...According to the State Bank of Vietnam (SBV...stable last week as interest rates offered by a number...broken after ANZ Bank ran a special promotion...inflow by increasing interest rates, banks have restructured...


Coping with a flat yield curve.(relationship between interest rates and bank...: Magazine article from: US Banker Simonson, Donald G. March 1, 1996 700+ words
...expectations because the market believes bank earnings are tied to interest rates-in theory, falling rates boost bank net interest margins. To be sure...consideration in the relationship of interest rates to bank earnings is that involving the...


Interest rates lead bank to regroup.: News wire article from: Patriot-News (Harrisburg, PA) January 4, 2007 700+ words
...calls for reducing the bank's regions from nine...its revenue by flat interest rates. Holt said the bank has started to evaluate...closed, he said. The bank will make those decisions...means long-term interest rates are lower than short...


Interest rates on bank loans hit lowest level.: News wire article from: Asia Africa Intelligence Wire June 28, 2004 700+ words
...Korea Herald) Bank lending interest rates in May matched...point since the Bank of Korea introduced...data in 1996. Interest rates on new saving...ratings," a bank official said...estate market, interest rates on mortgages also...


As interest rates rise, bank loans look good; Senior secured obligations, once...: Magazine article from: Pensions & Investments O'Connor, Cecily November 28, 2005 700+ words
...protection from rising interest rates. Until recently, plan...secured loans are corporate bank loans of below-investment...issuers with floating interest rates generally based on LIBOR...Retirement System is exploring bank loans as an alternative...

For more facts and information, see all results

The AccessMyLibrary advertising network includes: