It’s only on paper but it’s still almost a trillion dollars. That’s how much the net worth of Canadians fell in the second quarter of this year, according to …
[Read more...] about Canadians’ decline in net worth less severe in Saskatchewan
Inflation
Rate hikes like pouring cold water on Canadian economy
The Bank of Canada’s decision to raise interest rates another three-quarters of a point is pouring plenty of cold water on the Canadian economy -- but there may …
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Bank of Canada expected to raise rate again
This is bank rate week, the time when Canada’s central bank decides on the rate it charges banks. The last time was in July when the Bank of Canada raised …
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National Bank economists question numbers used to calculate inflation
The latest report on inflation -- as measured by the Consumer Price Index or CPI -- showed things were improving from June to July as increases in the cost of …
[Read more...] about National Bank economists question numbers used to calculate inflation
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Consumer spending fueling growth
Economics may be called the dismal science but here is a report that is anything but dismal. The economics unit at ScotiaBank has updated their outlook for …
