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Your daily horoscope: December 30, 2024

  HOROSCOPE IF TODAY IS YOUR BIRTHDAY You don’t need to make any big resolutions on your birthday. With a new moon to inspire you the right opportunities will arrive at just the right time and you will know without a shadow of a doubt what must be done – and you will do it magnificently! ARIES (March 21 - April 20): If you make yourself useful to someone in a position of authority now they will find ways to repay you early in the new year. That may sound a bit mercenary but in this dog eat dog world who you know is as important as what you know. TAURUS (April 21 - May 21): If you want to do something out of the ordinary today, something you know is likely to shock friends and family members, then go for it 100 per cent. It’s a good way to end the old year and an even better way to start the new one. GEMINI (May 22 - June 21): It’s time to look ahead and start thinking about your long-term aims and ambitions. That applies as much to personal matters as it does to your career. Y...
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Effects on the Economy: Impact of Rising Interest Rates in Canada


Rising interest rates in Canada can have a significant impact on various aspects of the economy. Firstly, higher interest rates can lead to increased borrowing costs for businesses and individuals, making it more expensive to invest or make large purchases such as homes or vehicles. This can potentially slow down economic activity and reduce consumer spending, which is a key driver of growth.


 Additionally, rising interest rates can strengthen the Canadian dollar relative to other currencies, which can negatively affect export-oriented industries by making their products more expensive in foreign markets. Moreover, higher interest rates can attract foreign investors seeking higher returns on their investments, potentially leading to an inflow of foreign capital but also potentially making Canadian exports less competitive. Overall, while rising interest rates can help curb inflation and maintain the stability of the economy in the long run, their short-term impact may include slower economic growth, reduced consumer spending, and potential challenges for export-oriented sectors in Canada.






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