This was submitted to us from NVCU.
On July 15th the Bank of Canada announced that they are leaving interest rates unchanged and are going to continue with a very aggressive quantitative easing program that will continue to artificially suppress interest rates for the foreseeable future. If you are already saving for retirement or are nearing retirement, you need to find ways to increase your investment returns. I strongly recommend that you take the time to speak with Wade Penman, our Investment Advisor, to see if he can improve your financial situation and set you up for a more enjoyable retirement. Wade has provided solid advice to our members, customers and clients and I am sure he can do the same for you.