When central bankers began raising interest rates in their fight with inflation, they were hoping that higher borrowing costs would encourage Canadians to cut …
[Read more...] about Canadians beginning to spend less as interest rates rise
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When central bankers began raising interest rates in their fight with inflation, they were hoping that higher borrowing costs would encourage Canadians to cut …
[Read more...] about Canadians beginning to spend less as interest rates rise
The old adage may suggest that figures lie, but they also point out trends. Such was the case in the latest numbers on Canada’s wholesale trade. Perhaps …
[Read more...] about Saskatchewan’s wholesale sector up while central Canada’s down
Welcome to Canada’s economic rock star – Saskatchewan. We are starting to see updates in the quarterly reports from the various chartered banks and …
[Read more...] about Saskatchewan top economic performer on national stage
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
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 …
[Read more...] about Rate hikes like pouring cold water on Canadian economy
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 …
[Read more...] about Bank of Canada expected to raise rate again