The heads of Canada's biggest banks say rising interest rates are starting to have their intended effect of slowing demand but that for now they... 08.09.2022 01:46 0
The Bank of Canada raised its key interest rate by three-quarters of a percentage point Wednesday and signalled this won’t be the last increase as it... 07.09.2022 12:27 0
The Bank of Canada is expected to announce it will be raising its key interest rate today, making it the fifth consecutive increase this year. Some... 07.09.2022 06:39 0
Equifax Canada says total consumer debt rose to $2.32 trillion in the second quarter, up 8.2 per cent compared with the same quarter last year. The... 06.09.2022 10:40 0
A new TD Bank report suggests the average price of a home in Canada could fall between 20 and 25 per cent from its peak seen earlier this year to the... 30.08.2022 07:01 0
Canada's year-over-year inflation rate slowed to 7.6 per cent in July, with the deceleration largely driven by a decline in gas prices. The... 16.08.2022 09:41 0
Statistics Canada expects to release its labour force survey for July this morning. The federal agency previously reported the unemployment rate hit... 05.08.2022 10:54 0
The savings accounts of Canadians have sprung a leak. As inflation tops eight per cent, anyone with money in the bank is seeing their savings drip... 01.08.2022 06:32 0
The loonie hit a 20-month low, one day after the Bank of Canada announced its largest interest rate hike since 1998. The Canadian dollar traded at a... 14.07.2022 13:18 0
As Canadians face a double whammy of skyrocketing inflation and the largest interest rate hike seen in 24 years, one expert is warning that prices... 14.07.2022 13:16 0
Canada is headed toward a recession in 2023, but it is likely to be short-lived and not as severe as prior downturns, according to a new report from... 07.07.2022 11:47 0
After more than two years of economic turbulence through the COVID-19 pandemic, Canada's workforce participation overall appears quite rosy for... 25.06.2022 07:25 0
The federal government is prepared to take further action to address more severe economic volatility, but Finance Minister Chrystia Freeland... 17.06.2022 07:51 0
Canadian homeowners may be in for a shock when it's time to renew their mortgages, since rising interest rates mean their monthly loan payments... 16.06.2022 11:59 0
Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth... 13.06.2022 14:14 0
Experts and advocates anticipate that more Canadians could be at risk of going hungry as inflation continues to outpace many consumers' grocery... 19.05.2022 13:49 0
The unemployment rate fell to another record low in April even as the pace of job creation slowed, suggesting a tightening of the labour market.... 06.05.2022 15:25 0
Prospective homebuyers saw clear signs of a cooling Toronto market in April as the region's real estate board reported sales dropped by about 41... 04.05.2022 09:48 0
The governor of the Bank of Canada is signalling Canada's key interest rate could go up another half percentage point in June to help wrestle... 25.04.2022 13:53 0
On a day when the Federal Reserve spooked markets with its tough talk on interest rates, Bank of Canada governor Tiff Macklem says he won’t... 22.04.2022 01:16 0
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