Canadians need to understand the forces that have led to a prolonged period of low interest rates and make adjustments, Bank of Canada Governor Stephen S. Poloz said. In a speech to the Association des économistes québécois, the Cercle finance du Québec and CFA Québec, Governor Poloz talked about the need for companies and households to adjust to the reality of interest rates that are likely to remain at low levels for a long time. Factors that restrain an economy’s speed limit—particularly aging workforces—are driving down interest rates in many countries. Lower-for-longer interest rates have made it more difficult...Read More
Month: September 2016
On September 16, 2016, I was given the opportunity to partake in the biggest event of the school year at Milliken Mills High School in Markham, maybe the biggest event the school has ever held. For years I had dreamt about interviewing the biggest stars in the world but I had no idea what I was in for. The rumor started that Andre De Grasse, three-time Olympic medalist in Rio, was coming to pay a visit to Milliken Mills High School (MMHS). I found out about this early on in the week and it was suggested to me, because...Read More
Applefest brings smiles to kids of all ages offering up lots of fun for the entire family. Markham Concert Band played some great tunes, Old Firehall Confectionery took over the General Store offering up sweet treats, delicious apple cider and other apple treats were enjoyed. The museum’s exhibits were open and many of the kids enjoyed the Construction City exhibit taking time to build some of their own works of art. The annual event...Read More
The 24th Annual Toronto Elegant Lions Club Fundraising Gala was held on Sept. 24 at Hilton Markham Conference Centre. Funds raised from the gala were donated to Sinai Health Foundation and SickKids. Sophia Sun is one of the members of Toronto Elegant Lions Club and is also owner of a Markham financial firm. Sun is also involved in many other community fundraising initiatives, including supporting Red Cross and the Toronto...Read More
After unveiling their 2015-16 North Division Championship banner in a pregame celebration, the Markham Royals continued the party with a 4-1 win over the Pickering Panthers on Sept. 16 at Centennial arena in front of hundreds of Markhamites. The win was Markham’s second of the season, their first on home ice, against a very young Panthers squad that held their own against the more veteran Royals lineup. “We knew they were going to work hard,” said Royals head coach Mike Galati after the game, “They are a real young and eager group that’s got some skill and...Read More
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