There is a growing consensus among economists that interest rates have peaked in Canada and we’ll start seeing some relief next year. Practitioners of the …
[Read more...] about Watch for cuts to interest rate in 2024
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There is a growing consensus among economists that interest rates have peaked in Canada and we’ll start seeing some relief next year. Practitioners of the …
[Read more...] about Watch for cuts to interest rate in 2024
The central bank in Canada has been raising interest rates for more than a year now, trying to bring inflation under control. And this week we got what would …
[Read more...] about Inflation rate falling likely a temporary dip due to U.S. influence
As farmers work to get the last of the 2023 crop in the bin, we are now starting to get some estimates on how the drought affected us this year, providing a …
[Read more...] about Drought in Saskatchewan dragging down economic performance
Residents of Saskatchewan are more willing to cut back on non-essentials than other Canadians as we find ways to cope with the rising cost of living. A …
Consumer spending or retail sales were both up and down in July. The latest data on our spending habits was issued a few days ago by StatsCan and, in gross …
[Read more...] about Consumer spending figures reveal impact of inflation on buying power
Be careful of the wishful thinking scenario on interest rates and inflation. That warning comes from Peter Andersen. He is a former Bank of Canada senior …
[Read more...] about Former senior economist warns of slowdown coming for Canadian businesses