Page 39 - Sports Energy News, Cornwall, Issue No 119

www.sportsenergynews.com Issue #119 December 2022 39

Continued from page 38 - Brian Johnston latest data is a sign of “some light appearing at the end
of this long tunnel.”
how supply challenges unfold, and how inflation and “Underlying inflationary pressures are softening,
inflation expectations respond to the current tightening according to a broad suite of indicators. While the
cycle,” he said. road towards price stability is still a long one, every bit Now at our new location
“We are getting closer, but we are not there yet,” he of positive development matters,” they wrote. “This
said. has us sticking to our call for the Bank of Canada Corner of Pitt & First St.
Current Rate Hike Forecast for December to hike rates only once more, with a 25bps move in [Beside Melody Music]
Looking ahead to the Bank of Canada’s next rate December.” 613•938•8585
decision on December 7, bond markets are currently OUR OFFICE IS CLOSED TO DROP INS. 100 Pitt Street, Cornwall
pricing in an 88% chance of a quarter-point rate hike, PLEASE PHONE AHEAD TO SET UP MEETINGS. totalcyclery.ca
while many bank economists continue to expect a 50- THANKS FOR KEEPING BUSINESS LOCAL
bps increase. That would bring the Bank’s overnight
target rate to 4.25%, a level last seen in 2008. Continued from page 38 - Max Ming Many households need a helping hand and having
While September inflation came in a touch lower life’s uncertainties. Any good plan addresses how a trusted financial advisor relationship allows your
than market expectations, observers say a key piece you will stay on track if the unexpected happens. family to have more time available for a better
of data to firm up their forecasts will be the November Consider reviewing your life insurance policies and quality of life and enjoy the little things that are
jobs report, which will be released shortly. disability coverage. Reflect on life events (a child, important. Everyone’s circumstances differ, but by
The October inflation data “underscores the need marriage, new home, large promotion, etc..) over simply having the discussions and getting the process
for the Bank of Canada to keep the pressure on interest the past year that may require adjustments to your started, you’ll find it may uncover opportunities (or
rates to help bring down inflation,” says TD economist coverage. Another aspect of this is to reflect on your risks) to address for the year ahead that can put you
Leslie Preston. “October’s CPI report is one of two key will and estate plans. Consider if your beneficiary in a better overall financial position.
remaining data releases before the Bank of Canada’s information is up-to-date, and if the plan still Disclaimer: Equity Associates Inc. is a registered
next rate decision in three weeks, and it certainly ticks mutual fund and exempt market dealer in select
the box for another 50-basis point increase.” replicates your goals and wishes if something were provinces.
to happen in the year ahead.
Economists at Desjardins, meanwhile, suggest the

“Livin’ The Dream”

We are well known for our many Day! Oh, the scorn of neighbours team.
uses of the word sorry, including walking by! There may be a defensive Everything has become a fight.
when someone steps on our toe! retort that veterans don’t disapprove Don’t get the vegans started on
of Christmas, or that liking Christmas
And we can’t even pull off the turkey dinner. And don’t get the
command form without softening it doesn’t necessarily mean hating others started on vegans!
veterans, but it’s too late. Battle lines
with by adding “eh?” which roughly Even the polite seasonal greeting
are drawn.
translates to “If you don’t mind.” with which we exhort everyone to be
Or at least we used to be those And you must choose a side in the either happy or merry has become a
lovely people. great battle of the real versus the fake thing. If you suggest that someone’s
By Janeen Wagemans
Christmas tree. The “real tree” team holiday be happy, you are as good
But lately it seems that every issue
e used to be lovely people. is a bone of contention. argues that fake trees will kill the planet as saying that you are opposed
WAnd it wasn’t all that long ago. and how dare they? Team “fake tree” to Christmas and hate everyone
Take Christmas, for example. accuses the opposition of cutting down who isn’t! Merry Christmas is less
Canadians had a reputation around
the world for being nice. Friends and If a store puts out Christmassy precious trees, and all their tree cutting inclusive of those who practice other
neighbours chided us gently about products before Remembrance Day, will kill the planet, and how dare they? religions or none, but who wants to
our niceness. roughly half of the population gets its There are battles over gifts. It’s all be inclusive? And when did we not?
knickers in a twist declaring, loud and too commercial and let’s just write When did we become these
Joke: How many Canadians can
you fit in a Volkswagen? Answer: long, to whoever will listen on every each other poems this year, versus combative people instead of the
social media platform, that everyone those who exhort us to buy lots and thoughtful, polite folks who would
Four. Two in the front and two in the
back. should boycott this store because they lots to boost the economy and support always give the other guy the benefit
are disrespectful to veterans, hate all local retailers. Just don’t wrap gifts of the doubt? And can we get back
Joke: How can you quickly get veterans, and should be considered in dreadful seasonal holiday paper. to where we were? It is, after all, the
everyone out of a pool in Canada? traitors to the country! The same Best to choose more environmentally season to be jolly. Surely, we can
Answer: Say, please get out of the is true if a neighbour dares to flash friendly craft paper and raffia, so as get our jolly back, if only for the
pool quickly. a poinsettia before Remembrance not to fire up the anti-commercialism holidays. Eh?