Next week, the star of the perpetual motion picture that is the global markets is, no doubt, the Bank of Canada. On Wednesday, the Bank is expected to hold a press conference meeting, as well as disclose a fair chunk of market-shifting information, such as:
– Main and overnight rate statements
– Detailed monetary policy report
Find out what else is hot on the economic radar in our detailed briefing of next week’s events below.
Depending on who you ask cannabis was, up until recently, one of two things—a medical drug or a laziness-inducing opiate. This all changed when Canada recently announced out of the blue that it’s going to legalise the recreational use of marijuana.
Suddenly, what was once an illegal substance has since become a highly sought-after asset for many professional investors and common folk alike as both attempt to cash in on a multibillion dollar business. But will this industry be here to stay?